In this section
Kiwi Income Property Trust
|Issuer||Kiwi Income Property Trust (KIPT)|
|Issue type||Fixed Rate Notes - Senior bonds|
|Maturity||20 August 2021|
|Amount||Up to $75 million (with $25 mln over-subscriptions).|
|Opening date||11 July 2014|
|Closing date||1 August 2014|
|Listed||These notes will be traded on NZDX under ticker KIP010|
|Credit rating||Not rated|
|Lead manager(s)||Deutsche Craigs Limited, BNZ, Forsyth Barr|
|Information||Term Sheet & Simplified Prospectus (see here)|
New Kiwi Income Property Trust senior fixed rate bonds
- Swap or NGZS plus a margin means the actual rate will be set at that margin over the relevant maturity swap rate or Government bond rate, usually a couple of days before the issue date. Click here for swap rates and here for Government bond rates.
- The amount on offer is usually allocated to brokers who then accept subscriptions up to their allocations. The lead manager(s) control the allocation of bonds. There can be a public pool which is not allocated and subscriptions under the public pool are made directly to the issuer or lead manager(s).
- Listing on NZDX unless stated otherwise.