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INFRATIL LIMITED. — Capital/Financing Update 2021
May 25, 2021
65106_rns_2021-05-25_a43bb072-af0b-435e-88c4-1c9a60d9e9a8.pdf
Capital/Financing Update
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NZX Limited Level 1, NZX Centre 11 Cable Street PO Box 2959 Wellington 6140 New Zealand Tel +64 4 472 7599
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 detailed below:
| Event | Date |
|---|---|
| Opening Date for Exchange Offer | Tuesday, 25 May 2021 |
| Final day of trading in IFT220 | Wednesday, 2 June 2021 |
| Closing Date for the Exchange Offer | 5.00pm, 10 June 2021 |
| Maturity Date for IFT220 | Tuesday, 15 June 2021 |
| Issue/Allotment Date for Exchange Offer | Tuesday, 15 June 2021 |
| Expected Commencement of trading in thenew IFT310 bonds issued under theExchange Offer | Wednesday, 16 June 2021 |
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Please contact NZX Product Operations on +64 4 496 2853 or [email protected] with any queries.
ENDS