Infratil Limited are offering two series of Unsecured Unsubordinated Infrastructure Bonds to all investors in New Zealand.
2022 Bonds - Maturing 15 December 2022 (~5.5 Years) paying 5.65% per annum
2025 Bonds - Maturingy 15 June 2025 (~8 Years) paying 6.15% per annum.
Issue price is $1.00 per Bond
Interest will be paid quarterly 15 March, 15 June, 15 September and 15 December of each year until and including the Maturity Date.
Interest payable on the first Interest Payment Date will accrue at the Interest Rate from (and including) the date on which your subscription moneys have been banked to (but excluding) the first Interest Payment Date.
The Minimum application is for $5,000 and multiples of $1,000.
NB It is important that you read and understand the terms of the offer before committng to invest, You can download a copy of the Infratil Term Sheet for 2022 and 2025 Infrastructure Bonds by clicking here or reading below.
If you decide you would like to invest you should request a Firm Allocation by ringing us 07 578 3863 before Noon on Monday 12 June 2017.
If we manage to obtain a firm allocation for you, you must provide us with a properly completed Application Form before the Closing Date. If you are having difficulty obtaining the Terms Sheet and Application Form, please contact us and we will endeavour to assist you.
Please note: a Firm Allocation is treated by us as the equivalent of a binding Buy Order (subject to allocation scaling).