FSF
17/02/2016 14:53
GENERAL
PRICE SENSITIVE
REL: 1453 HRS Fonterra Shareholders' Fund (NS)
GENERAL: FSF: Fonterra considers bond offer
Fonterra Co-operative Group Limited announced today that it is considering
making an offer of up to NZ$150 million of senior fixed rate bonds to
institutional investors and to New Zealand retail investors.
Full details of the offer will be released the week beginning 22 February
2016. The bonds are expected to mature in March 2023. Proceeds from the offer
will be used for general corporate purposes.
ANZ has been appointed as arranger and lead manager for the proposed offer
and Deutsche Craigs has been appointed as co-manager.
The offer will be made pursuant to the Financial Markets Conduct Act 2013 as
an offer of debt securities of the same class as existing quoted debt
securities. The bonds are expected to be quoted on the NZX Debt Market.
Investors can register their interest in the offer by contacting the lead
manager, the co-manager, their broker or their financial advisor.
Indications of interest will not constitute an obligation or commitment of
any kind. No money is currently being sought and no applications for the
bonds will be accepted or money received until the offer opens and the
investor has received a copy of the relevant offer document in relation to
the bonds.
-end-
Simon Till
Director Capital Markets, Fonterra
Phone: (09) 374 9344
End CA:00277818 For:FSF Type:GENERAL Time:2016-02-17 14:53:53
