Announcement
OFFER: IFT: Infratil Cleansing Notice
08:58am
IFT
20/08/2019 08:58
OFFER
PRICE SENSITIVE
REL: 0858 HRS Infratil Limited
OFFER: IFT: Infratil Cleansing Notice
Notice pursuant to clause 20(1)(a) of schedule 8 of the Financial Markets
Conduct Regulations 2014
Infratil Limited ("Infratil") gives notice under clause 20(1)(a) of schedule
8 of the Financial Markets Conduct Regulations 2014 ("Regulations") that it
proposes to make an offer for the issue of bonds ("New Bonds") in two
separate series due 15 December 2026 and 15 December 2029 respectively, each
in reliance upon the exclusion in clause 19 of schedule 1 of the Financial
Markets Conduct Act 2013 ("FMCA").
The main terms of the offer and each series of New Bonds are set out in the
attached Terms Sheet. Except for the interest rate and maturity date, each
series of New Bonds will have identical rights, privileges, limitations and
conditions as:
o Infratil's bonds maturing on 15 December 2028, which have an interest rate
of 4.85% per annum (rate reset after five years) and which are currently
quoted on the NZX Debt Market under the ticker code IFT270 ("IFT270 Bonds");
o Infratil's fixed rate bonds maturing on 15 December 2024, which have an
interest rate of 4.75% per annum and which are currently quoted on the NZX
Debt Market under the ticker code IFT260 ("IFT260 Bonds");
o Infratil's fixed rate bonds maturing on 15 June 2025, which have an
interest rate of 6.15% per annum and which are currently quoted on the NZX
Debt Market under the ticker code IFT250 ("IFT250 Bonds");
o Infratil's fixed rate bonds maturing on 15 December 2022, which have an
interest rate of 5.65% per annum and which are currently quoted on the NZX
Debt Market under the ticker code IFT240 ("IFT240 Bonds");
o Infratil's fixed rate bonds maturing on 15 June 2024, which have an
interest rate of 5.50% per annum and which are currently quoted on the NZX
Debt Market under the ticker code IFT230 ("IFT230 Bonds");
o Infratil's fixed rate bonds maturing on 15 June 2021, which have an
interest rate of 4.90% per annum and which are currently quoted on the NZX
Debt Market under the ticker code IFT220 ("IFT220 Bonds");
o Infratil's fixed rate bonds maturing on 15 September 2023, which have an
interest rate of 5.25% per annum and which are currently quoted on the NZX
Debt Market under the ticker code IFT210 ("IFT210 Bonds"); and
o Infratil's fixed rate bonds maturing on 15 June 2022, which have an
interest rate of 6.85% per annum and which are currently quoted on the NZX
Debt Market under the ticker code IFT190 ("IFT190 Bonds"),
together the "Quoted Bonds", and therefore are of the same class as the
Quoted Bonds for the purposes of the FMCA and the Regulations. The Quoted
Bonds have been continuously quoted on the NZX Debt Market over the preceding
3 months.
As at the date of this notice, Infratil is in compliance with:
o the continuous disclosure obligations that apply to it in relation to the
Quoted Bonds; and
oits financial reporting obligations (as defined in the Regulations).
As at the date of this notice, there is no excluded information required to
be disclosed for the purposes of the Regulations.
As at the date of this notice, there is no other information that would be
required to be disclosed under a continuous disclosure obligation or which
would be excluded information required to be disclosed for the purposes of
the Regulations if the Quoted Bonds had had the same redemption date or
interest rate as each series of New Bonds being offered.
For further information, please contact: Fiona Cameron, Group Treasurer,
Infratil Limited on 04 473 3663.
End CA:00339392 For:IFT Type:OFFER Time:2019-08-20 08:58:19
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