Argosy sets margin and general offer volume for seven-year green bond

On 6 March, Argosy Property (Argosy) revealed it has allocated NZ$90 million (US$61.1 million) under the general offer in its seven-year green bond. Up to NZ$10 million remains to be allocated under the priority offer, which is expected to close on 20 March. The margin has been set at 175 basis points over mid swap, the low end of the indicative range.