Amended Quotation Notice - Infratil Limited (“IFT340”)

The Minimum Transferable Amount has been amended to "Infratil may decline to register a transfer if the transfer would result in the transferee holding less than the Minimum Holding Amount."

QUOTATION NOTICE: NZX DEBT MARKET INFRATIL LIMITED (“IFT340”)

Company: Infratil Limited (“IFT”)

Security Code: IFT340

ISIN: NZIFTD0340L6

Details of Issue: An offer of NZ$50 million unsecured, unsubordinated, fixed rate Bonds (with the ability to accept oversubscriptions of NZ$25 million at Infratil’s absolute discretion) under the Firm Offer, and an additional NZ$122,103,683 of Bonds under the Exchange Offer.

Under the Exchange Offer, Infratil is offering holders of the bonds maturing on 15 September 2023 (NZX ticker IFT210) that are New Zealand residents the opportunity to exchange some or all of their maturing bonds on a one-to-one basis.

Firm Offer Opening Date: Monday, 28 August 2023

Firm Offer Closing Date: Friday, 1 September 2023

Exchange Offer Opening Date: Monday, 4 September 2023

Exchange Offer Closing Date: Wednesday, 13 September 2023

Maturity Date: Saturday, 15 March 2031 (the Face Value of the Bonds will be redeemed on the immediately preceding Business Day which is Friday, 14 March 2031)

Interest Rate: 7.08% per annum

Interest Payment Dates: 15 March, 15 June, 15 September, and 15 December of each year up to and including the Maturity Date.

Date of First Interest Payment: Friday, 15 September 2023

First Interest Paid To: Holder on Record Date

Record Date: 10 calendar days before the relevant Interest Payment Date, or if that date is not a business day, the immediately preceding business day

Minimum Application Amount: NZ$5,000

Minimum Holding: NZ$5,000

Minimum Transferable Amount: Infratil may decline to register a transfer if the transfer would result in the transferee holding less than the Minimum Holding Amount.

Face Value: NZ$1.00 per bond

Supervisor: Trustees Executors Limited

Joint Lead Managers: ANZ Bank New Zealand Limited, Bank of New Zealand, Craigs Investment Partners Limited, Forsyth Barr Limited and Jarden Securities Limited

Trust Deed Dated: Master Trust Deed dated 11 November 1999 (as amended)

Issue Date: Friday, 15 September 2023

Registrar: Link Market Services Limited (“LNKT”)

Settlement Status: NZCDC Settlement System

Expected Commencement of Trading on the NZX Debt Market: Monday, 18 September 2023

Mark Peterson
Chief Executive Officer
NZX Limited
01 09 2023

---

Announcement PDF