PFI Considers Retail Bond Offer

PFI CONSIDERS RETAIL BOND OFFER NZX listed industrial property landlord Property for Industry Limited (PFI) is considering an offer of 7-year senior secured fixed rate bonds (Bonds) to New Zealand institutional and retail investors. The offer will be made pursuant to the Financial Markets Conduct Act 2013 as an offer of debt securities of the same class as existing quoted debt securities. The Bonds are expected to be quoted on the NZX Debt Market. It is expected that full details of the offer will be released in the week beginning 17 September 2018, when the offer is anticipated to open. PFI has appointed Westpac Banking Corporation (ABN 33 007 457 141) (acting through its New Zealand branch) (Westpac) as Arranger, and Deutsche Craigs Limited and Forsyth Barr Limited, together with Westpac, as Joint Lead Managers in relation to the offer. Investors can register their interest with the Joint Lead Managers (details below). Indications of interest will not involve an obligation or commitment of any kind. No money is currently being sought and no Bonds can be applied for or acquired until the offer opens and the investor has received a copy of the offer document in relation to the Bonds. For further information please contact: Arranger and Joint Lead Manager: - Westpac - Phone: 0800 942 822 Joint Lead Managers: - Deutsche Craigs Limited - Phone: 0800 226 263 - Forsyth Barr Limited - Phone: 0800 367 227 ENDS ABOUT PFI & CONTACT PFI is an NZX listed property vehicle specialising in industrial property. PFI's nationwide portfolio of 93 properties is leased to 146 tenants. For further information please contact: SIMON WOODHAMS General Manager --- Phone: +64 9 303 9652 Email: woodhams@pfi.co.nz --- CRAIG PEIRCE Chief Financial Officer and Company Secretary --- Phone: +64 9 303 9651 Email: peirce@pfi.co.nz --- Property for Industry Limited Shed 24, Prince's Wharf, 147 Quay Street, Auckland 1010 PO Box 1147, Shortland Street, Auckland 1140 -- www.propertyforindustry.co.nz End CA:00323621 For:PFI Type:OFFER Time:2018-09-10 10:31:04