Kiwi Property to make bond offer this week

Kiwi Property Group Ltd said on Friday it was considering an issue of 7-year fixed-rate senior secured bonds to New Zealand institutional & retail investors, to be offered this week.

They’d be in the same class as its existing quoted debt securities and quoted on the NZX debt market.

Kiwi Property has appointed Deutsche Craigs Ltd & Westpac Banking Corp (through its New Zealand branch) as joint lead managers and Bank of NZ as co-manager. Craigs Investment Partners Ltd is the organising participant.

Attribution: Company release.

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