Announcement
OFFER: BNZ: BNZ fixed rate notes offer closes
03:49pm
BNZ
24/01/2020 15:49
OFFER
NOT PRICE SENSITIVE
REL: 1549 HRS Bank of New Zealand
OFFER: BNZ: BNZ fixed rate notes offer closes
Exchange announcement
24 January 2020
BNZ fixed rate notes offer closes
Bank of New Zealand (BNZ) confirmed today that the issue size for the offer
of a new series of unsecured unsubordinated fixed rate notes maturing on 29
January 2025 (Notes) has been set at NZ$500,000,000.
The margin for the Notes has been set at 0.83% per annum and the interest
rate has been set at 2.16% per annum.
All of the Notes have been allocated to intermediaries for distribution to
their clients and there is no public pool available.
The Notes will be issued on 29 January 2020. The Notes are expected to be
quoted on the NZX Debt Market under the ticker code BNZ140.
More information on the offer is contained in the Final Terms Sheet which is
attached.
Ends
For further information, please contact:
Neil Bradley, Treasurer, BNZ
T. 09-976-5020, E. neil_bradley@bnz.co.nz
End CA:00347547 For:BNZ Type:OFFER Time:2020-01-24 15:49:51
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