- Release Date: 31/03/16 13:55
- Summary: GENERAL: ARG: Argosy cancels $50 million of its syndicated bank facility
- Price Sensitive: No
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ARG 31/03/2016 13:55 GENERAL NOT PRICE SENSITIVE REL: 1355 HRS Argosy Property Limited GENERAL: ARG: Argosy cancels $50 million of its syndicated bank facility Argosy has today announced that it is cancelling the $50 million tranche C of its bank facility, effective today. This tranche was due to expire on 30 September 2016 and is now no longer required. There is no change to the remaining bank facility of $550 million which is split into two tranches. The first tranche of $275 million expires on 30 September 2018 and the second tranche of $275 million expires on 30 September 2020. The weighted average duration is therefore 3.5 years. - END - Enquiries Peter Mence Chief Executive Officer Argosy Property Limited Telephone: 09 304 3411 Email: [email protected] Dave Fraser Chief Financial Officer Argosy Property Limited Telephone: 09 304 3469 Email: [email protected] Scott Lunny Investor Relations Manager Argosy Property Limited Telephone: 09 304 3426 Email: [email protected] End CA:00280108 For:ARG Type:GENERAL Time:2016-03-31 13:55:49
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