Quotation Notice: Precinct Properties Limited ("PCT040")

MEMO
Fri, Apr 29 2022 03:56 pm

QUOTATION NOTICE: NZX DEBT MARKET PRECINCT PROPERTIES NEW ZEALAND LIMITED (“PCT040”)

Company: Precinct Properties New Zealand Limited (“PCT”)

Security Code: PCT040

ISIN: NZPCTDT004C5

Details of Issue: An offer of NZ$175,000,000 of secured fixed rate green bonds.

Opening Date: Tuesday, 26 April 2022

Closing Date: Friday, 29 April 2022

Maturity Date: Tuesday, 9 May 2028

Interest Rate: 5.25% per annum

Interest Payment Dates: 9 May and 9 November in each year up to (and including) the Maturity Date.

Date of First Interest Payment: 9 November 2022

First Interest Paid To: Holders of Green Bonds as at the relevant Record Date

Record Date: 10 calendar days prior to the relevant payment date or, if that date is not a Business Day, the immediately preceding Business Day

Minimum Application Amount: $5,000 and in multiples of $1,000 thereafter

Minimum Holding: $5,000

Minimum Transferable Amount: $1,000

Face Value: $1.00 per Green Bond

Supervisor: The New Zealand Guardian Trust Company Limited

Joint Lead Managers: ANZ Bank New Zealand Limited as Arranger, Green Bond Co-ordinator, and Joint Lead Manager

Craigs Investment Partners Limited, Forsyth Barr Limited, and Jarden Securities Limited as Joint Lead Managers

Trust Deed Dated: Master trust deed dated 27 November 2014 (as most recently amended and restated on 25 August 2017) and Supplemental Trust Deed dated [26 April 2022]

Issue Date: Monday, 9 May 2022

Registrar: Computershare Investor Services Limited (RMLT)

Settlement Status: NZCDC Settlement System

Expected Commencement of Trading on the NZX Debt Market: Tuesday, 10 May 2022

Mark Peterson
Chief Executive Officer
NZX Limited

29 April 2022


Announcement PDF


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