ARGOSY PROPERTY LIMI

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Argosy Property : Part Cancellation of Bank Facility

03/28/2019 | 04:46pm

29 March 2019

MARKET RELEASE

PARTIAL CANCELLATION OF BANK FACILITY FOLLOWING GREEN BOND OFFER ALLOTMENT

Argosy Property Limited ("Argosy" or the "Company") has announced that, following the allotment of $100 million of senior secured fixed rate 7 year green bonds, Argosy has cancelled $100 million of bank facilities that were due to expire in October 2021.

Argosy also confirmed that the bonds were swapped back to floating interest rates via fixed rate receiver swaps.

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Enquiries Peter Mence

Chief Executive Officer Argosy Property Limited Telephone: 09 304 3411 Email: pmence@argosy.co.nz

Dave Fraser

Chief Financial Officer Argosy Property Limited Telephone: 09 304 3469 Email: dfraser@argosy.co.nz

Stephen Freundlich Head of Investor Relations Argosy Property Limited Telephone: 09 304 3426 Email: sfreundlich@argosy.co.nz

Disclaimer

Argosy Property Limited published this content on 29 March 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 28 March 2019 21:45:05 UTC

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