Ann: GENERAL: TRP: Transpower announces Indicativ

• Release Date: 24/08/12 18:03
• Summary: GENERAL: TRP: Transpower announces Indicative Issue Margins
• Price Sensitive: No
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TRP
24/08/2012 16:03
GENERAL

REL: 1603 HRS Transpower New Zealand Limited

GENERAL: TRP: Transpower announces Indicative Issue Margins

Transpower today announced the following indicative margins in relation to
its offer of up to NZ$200 million (with the ability to accept up to a further
NZ$100 million in oversubscriptions) of unsecured, unsubordinated bonds
("Bonds").

The indicative issue margin range for the floating rate bonds maturing on 3
December 2015 is 0.90 - 0.95 percent per annum.

The indicative issue margin range for the fixed rate bonds maturing on 6
September 2019 is 1.25 - 1.30 percent per annum.
End CA:00226438 For:TRP    Type:GENERAL    Time:2012-08-24 16:03:38