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Precinct issues up $150m in green bonds

The NZX-listed landlord will use the issue to refinance debt.

Andrew Bevin Mon, 17 May 2021

NZX-listed Precinct Properties has launched a $100 million green bond issue to repay bank debt.

Precinct has the ability to accept an additional $50m in oversubscriptions for the six-year fixed-rate green bonds, which mature on May 28, 2027, with a minimum interest rate of 2.85% per

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Andrew Bevin Mon, 17 May 2021
Contact the Writer: andrew@nbr.co.nz
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Precinct issues up $150m in green bonds
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