HomeInfratil News2008TrustPower Offer of Unsecured Subordinated Bonds Closed

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TrustPower Offer of Unsecured Subordinated Bonds Closed

2 Dec 2008

TrustPower Offer of Unsecured Subordinated Bonds Maturing 15 December 2015 (Series 15 Bonds).

TrustPower advises that today it has closed early its Series 15 Bond Offer fully subscribed to $100 million.

The Company is very pleased with the investor response to the offer. As outlined in the Company’s half year result for the period to 30 September 2008, TrustPower retains a sound balance sheet and the completion of the Series 15 Bond Offer will ensure the Company continues to have a solid funding position to support
future growth.

Robert Farron
Chief Financial Officer

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