Announcement
SECISSUE: IFT: Update on Infratil Infrastructure Bond Offer
12:37pm
IFT
11/06/2021 12:37
SECISSUE
NOT PRICE SENSITIVE
REL: 1237 HRS Infratil Limited
SECISSUE: IFT: Update on Infratil Infrastructure Bond Offer
Infratil Infrastructure Bond Offer
3.60% p.a. due 15 December 2027
On 25 May 2021 Infratil Limited ("Infratil") announced an offer of up to $50
million of unsecured, unsubordinated fixed rate Infrastructure Bonds which
are to mature on 15 December 2027 ("Bonds"), with the option to accept up to
a further $50 million of oversubscriptions at Infratil's discretion. The
offer comprises a General Offer and an Exchange Offer under which holders of
the Infrastructure Bonds maturing 15 June 2021 could elect to reinvest in the
new Bonds.
Infratil confirms that the Exchange Offer closed on 10 June 2021 and that
Infratil expects to issue Bonds under the Exchange Offer with an aggregate
Face Value of ~$54.8 million on 15 June 2021.
As advised on 1 June 2021, the allocation of Bonds to the public pool (being
those applications that are made directly to Infratil) under the General
Offer has been exhausted and no further applications were accepted after that
date.
Infratil advises that the General Offer will now close on 16 June 2021
(previously scheduled to close on 30th June 2021). Infrastructure Bonds
offered under the General Offer will be issued on 6 July 2021.
Full details of the offer of Infrastructure Bonds (including the Terms Sheet)
is available on www.infratil.com/for-investors/bonds/
For further information contact Aaron Queree, Infratil Treasurer at
aaron.queree@hrlmorrison.com
End CA:00373777 For:IFT Type:SECISSUE Time:2021-06-11 12:37:37
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