Brief: Precinct Properties New Zealand Launches Retail Green Bond Offer
April 26 (Reuters) - Precinct Properties New Zealand Ltd
PCT.NZ :
* LAUNCHES RETAIL GREEN BOND OFFER
* ANNOUNCED OFFER OF UP TO NZ$125 MILLION OF SECURED,
UNSUBORDINATED, FIXED RATE SIX YEAR GREEN BONDS
* INDICATIVE MARGIN RANGE FOR GREEN BONDS IS 1.30% TO 1.40%
PER
ANNUM OVER UNDERLYING SWAP RATE
* OFFER INCLUDES ABILITY TO ACCEPT UP TO ADDITIONAL NZ$50
MILLION
IN OVERSUBSCRIPTIONS
Further company coverage: PCT.NZ
((Reuters.Briefs@thomsonreuters.com;))
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