Kiwi Property Group (NZE:KPG) said it is considering a seven-year fixed-rate senior secured green bond offer to institutional and New Zealand retail investors, with the offer expected to open in the week starting Oct. 19, according to a Monday filing with the New Zealand bourse.
The bonds are expected to be listed on the New Zealand Exchange debt market and carry a "BBB+" issue credit rating from S&P Global Ratings, the filing added.
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