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An announcement from Property For Industry Limited ( (NZ:PFI) ) is now available.
Property for Industry Limited has signalled it is moving ahead with plans for a potential 6.5-year senior secured fixed-rate bond issue to New Zealand retail and institutional investors and Australian institutional investors, after previously postponing related investor meetings due to volatile market conditions. Full details of the prospective offer are expected in the week beginning 30 March 2026, with the bonds to be issued as a new tranche of an existing quoted debt class on the NZX Debt Market and Westpac, Bank of New Zealand, Craigs Investment Partners and Forsyth Barr appointed to lead the transaction, underscoring PFI’s ongoing use of debt capital markets to support its industrial property growth strategy.
More about Property For Industry Limited
Property for Industry Limited is an NZX-listed industrial property specialist that owns more than 90 properties valued at over $2 billion across strategic locations in New Zealand. Since listing in 1994, the company has built a diversified portfolio serving industrial tenants and investors, aiming to deliver long-term, consistent returns through focused capital deployment and sector expertise.
Average Trading Volume: 288,787
Technical Sentiment Signal: Strong Buy
Current Market Cap: N$1.16B
See more data about PFI stock on TipRanks’ Stock Analysis page.