Quotation Notice - Infratil Limited ("IFT300") Bonds
QUOTATION NOTICE: NZX DEBT MARKET
INFRATIL LIMITED BONDS (“IFT300”)
Issuer: Infratil Limited (IFT)
Ticker Code: IFT300
ISIN: NZIFTD0300L0
Details of Issue: Up to $50 million (plus oversubscriptions of up to $75 million) in aggregate across both the General Offer and the Exchange Offer.
Opening Date: Tuesday, 22 October 2019
Closing Date: General Offer: Thursday, 13 February 2020
Exchange Offer: Friday, 8 November 2019
Interest Rate: 3.35% per annum
Maturity Date: Sunday, 15 March 2026
Interest Payment Dates: 15 March, 15 June, 15 September and 15 December of each year until and including the Maturity Date.
Date of First Interest Payment: Sunday, 15 March 2020 (however, as this date is not a Business Day, interest will be payable on Friday, 13 March 2020)
First Interest Paid To: Original Subscriber
Record Date: 10 calendar days before the relevant payment date or, if not a Business Day, the preceding Business Day
Minimum Application Amount: $5,000 and multiples of $1,000 thereafter
Minimum Holding: $5,000
Minimum Transferable Amount: Infratil may decline to register a transfer if the transfer would result in the transferee holding less than the Minimum Holding Amount
Face Value: $1.00 per Bond
Supervisor Name: Trustees Executors Limited
Joint Lead Managers: Forsyth Barr Limited, ANZ Bank New Zealand Limited, Bank of New Zealand, Jarden Securities Limited
Trust Deed Dated: Trust Deed dated 11 November 1999 (as amended and restated on 12 August 2015 and amended on 17 May 2017) and Series Supplement dated 22 October 2019.
Issue Dates: General Offer: Friday, 15 November 2019, Monday, 16 December 2019, Thursday, 16 January 2020, and Friday, 14 February 2020
Exchange Offer: Friday, 15 November 2019
Registrar: Link Market Services Limited
Settlement Status: NZCDC Settlement System
Expected Commencement of Trading on the NZX Debt Market: Friday, 15 November 2019
Mark Peterson
Chief Executive Officer
NZX Limited
22 October 2019