Brief: Precinct Properties New Zealand NZ$310 Mln Equity Raising To Fund Growth
13/10/2025 02:26
Oct 13 (Reuters) - Precinct Properties New Zealand Ltd PCT.NZ: PRECINCT ANNOUNCES NZ$310M EQUITY RAISING TO FUND GROWTH TARGETING NZ$4-5 BILLION OF CAPITAL PARTNERSHIPS OVER NEXT 3-5 YEARS PROCEEDS FROM EQUITY RAISE WILL INITIALLY BE USED TO REPAY BANK DEBT, OTHERS FY26 FFO GUIDANCE UPDATED TO A RANGE OF 7.30 TO 7.50 NZ CENTS PER SHARE PLACEMENT UNDERWRITTEN AT FIXED PRICE OF NZ$1.23 PER NEW STAPLED SHARE Further company coverage: PCT.NZ ((Reuters.Briefs@thomsonreuters.com;))
Recent news on Precinct Properties New Zealand
See all newsBrief: Precinct Properties New Zealand To Redeem Outstanding 2026 Notes By Paying Cash Settlement
New Zealand's Precinct Properties posts FY26 comprehensive loss on property revaluations
Brief: Precinct Properties NZ Says FY27 Dividend Expected To Be Around Top Of Policy Range
Brief: Precinct Properties New Zealand Posts FY Total Revenue Of NZ$278.1 mln
Brief: Precinct Properties New Zealand Says Downtown Carpark Redevelopment Fast Track Approval Received