Infratil Limited (Infratil) refers to its NZ$146,249,000 unsecured, unsubordinated fixed rate bonds, listed under ticker IFT270 (Bonds). The Bonds have a 10 year term, maturing on 15 December 2028.
Under the terms of the Bonds, the interest rate is due to be reset on 15 December 2023 (the Reset Date) for the second five-year period. The reset interest rate will be set at the sum of:
• the five year swap rate on 15 December 2023; plus
• the margin of 2.50% per annum.
The reset interest rate will be announced by Infratil via the NZX on or shortly after the Reset Date.
For further details contact:
Tom Robertson
tom.robertson@hrlmorrison.com
+64 4 550 5432
Related
Infratil IFT300 Infrastructure Bonds Maturing 15 March 2026
Infratil Limited (“Infratil”) advises that the IFT300 Infrastructure Bonds (“IFT300 Bonds”) will mature on 15 March 2026. Infratil confirms that no Exchange Offer will be made available for these bonds.
IFTHC Infrastructure Bonds Annual Coupon Rate Reset
Infratil Limited advises that the Coupon Rate on the Infratil Infrastructure Bonds maturing 15 December 2029 (IFTHC) for the period 15 December 2025 to the next reset date, being 15
Dividend Reinvestment Plan strike price
The Strike Price used to calculate entitlements under the Infratil Dividend Reinvestment Plan (“DRP”) in respect of the FY2026 interim dividend has been set at NZ$11.425428 per share. The Strike