VCT
23/09/2014 15:37
GENERAL
REL: 1537 HRS Vector Limited
GENERAL: VCT: Notice of Redemption: Vector Limited 7.80% SENIOR BONDS 15/
Vector Limited announces that on 15 October 2014 it will redeem for cash all
(100%) of Vector Limited 7.80% Fixed Rate Senior Unsecured Bonds (ISIN
NZVCTDT007C0) (Bonds) held by bondholders appearing on the register at 5.00pm
on the record date of Friday 3 October 2014.
Under the redemption each Bond will be redeemed for $1.00 cash per Bond
(being each Bond's par value) together with the final interest payment which
will be paid up to the date of redemption. The total principal amount to be
redeemed is $150 million and the interest paid on the redemption date will be
$5,850,000.00. No Bonds will be in existence after the redemption. Vector
Limited has elected to redeem the Bonds, rather than offer new terms for the
roll over of the Bonds, because the bonds have been refinanced with
alternative debt.
The redemption is in accordance with the Master Trust Deed for the Bonds
dated 19 October 2005 and the supplemental trust deed dated 30 April 2009
Payment of the redemptions will discharge Vector Limited from any further
obligations to holders of the Bonds.
If you have any questions in relation to the redemption, please contact:
Computershare Investor Services Limited
Private Bag 92119
Auckland 1142
Phone: 09 488 8777
Email: [email protected]
ENDS
End CA:00255589 For:VCT Type:GENERAL Time:2014-09-23 15:37:44
