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 [email protected]

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Announcement PDF