Precinct green bond offer – books closed

Precinct Properties New Zealand Limited (Precinct) (NZX: PCT) announces that, following a successful bookbuild process for its offer of six year secured, fixed rate green bonds (Green Bonds), the offer has closed and NZ$175,000,000 of Green Bonds (including oversubscriptions of NZ$50,000,000) have been allocated to the participants (or their clients) in the bookbuild process. There was no public pool for the offer. The issue margin for the Green Bonds has been set at 1.30% per annum and the interest rate will be announced later today alongside the release of the final terms sheet. For further details investors can contact the Joint Lead Managers (details below) or their usual financial adviser. Arranger, Green Bond Co-ordinator and Joint Lead Manager ANZ Bank New Zealand Limited Phone: 0800 269 476 Joint Lead Managers Craigs Investment Partners Limited 0800 226 263 Forsyth Barr Limited 0800 367 227 Jarden Securities Limited 0800 005 678 Ends For further information, please contact: Scott Pritchard Chief Executive Officer Mobile: +64 21 431 581 Email: scott.pritchard@precinct.co.nz George Crawford Deputy Chief Executive Officer Mobile: +64 21 384 014 Email: george.crawford@precinct.co.nz Richard Hilder Chief Financial Officer Mobile: +64 29 969 4770 Email: richard.hilder@precinct.co.nz About Precinct (PCT) Precinct is New Zealand's only listed city centre specialist investing predominantly in premium and A-grade commercial office property. Listed on the NZX Main Board, PCT currently owns Auckland's HSBC Tower, AON Centre, Jarden House, Deloitte Centre, 204 Quay Street, Mason Bros. Building, 12 Madden Street, 10 Madden Street, PwC Tower and Commercial Bay Retail; and Wellington's AON Centre, NTT Tower, Central on Midland Park, No. 1 and No. 3 The Terrace, Mayfair House, Charles Fergusson Building, Defence House, Bowen House, Freyberg Building and 30 Waring Taylor Street. Precinct owns Generator NZ, New Zealand's premier flexible office space provider. Generator currently offers 13,600 square metres of space across nine locations in Auckland and Wellington. End CA:00391242 For:PCT Type:OFFER Time:2022-04-29 12:59:14