NZ's Kiwi Property Group hits 8-month low; co issues bonds

Kiwi Property

28/10/2018 23:54

** Shares of real estate investor Kiwi Property Group Ltd
 KPG.NZ  fall as much as 1.9 pct to NZ$1.31, their lowest since
Feb 28
    ** Co confirms offering of up to NZ$100 mln ($65.2 mln) plus
up to NZ$25 mln of oversubscriptions of fixed-rate senior
secured bonds maturing on Nov 12, 2025  urn:newsml:reuters.com:*:nNZShwza
    ** Stock posts biggest intraday pct fall since June 5
    ** Shares have fallen 5 pct this year as of last close
    
 ($1 = 1.5330 New Zealand dollars)

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