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
