Infratil Limited IFT220 Maturity and Exchange for IFT310

MEMO

Tue, May 25 2021 10:58 am

Memorandum

To: Market Participants
From: NZX Product Operations
Date: Tuesday, 25 May 2021
Subject: Infratil Limited IFT220 Maturity and Exchange for IFT310

Message:
NZX Operations (“NZXO”) advises that the Infratil bonds with ticker code IFT220 are due to mature on Tuesday, 15 June 2021.

Under the Exchange Offer announced on 25 May 2021, IFT220 bond holders have the option (subject to availability) to exchange each IFT220 bond for one IFT310 bond.

Alternatively, holders of IFT220 bonds who do not wish to participate in the Exchange Offer will have their IFT220 bonds redeemed on Tuesday, 15 June 2021 in accordance with the terms and conditions of the IFT220 bonds.

The final day of trading in IFT220 will be Wednesday, 2 June 2021 prior to the bonds being suspended at close of business.

The terms and details of the IFT310 bonds have been provided in a Quotation Notice, which was released to market on 25 May 2021.

A timetable of events is attached.

Please contact NZX Product Operations on +64 4 496 2853 or [email protected] with any queries.

ENDS