Ann: INTEREST: FCG: Fonterra Announces Interest Rate for Bond...

• Release Date: 26/02/16 15:51
• Summary: INTEREST: FCG: Fonterra Announces Interest Rate for Bond Issue
• Price Sensitive: No
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					FCG
26/02/2016 15:51
INTEREST
PRICE SENSITIVE
REL: 1551 HRS Fonterra Co-operative Group Limited

INTEREST: FCG: Fonterra Announces Interest Rate for Bond Issue

Following the successful bookbuild process for its bond offer, Fonterra
Co-operative Group Limited confirmed today that the offer has closed and the
full issue amount of NZ$150 million has been allocated to the participants
(or their clients) in the bookbuild process. There was no public pool for the
offer.

The interest rate for the fixed rate bonds will be 4.42 per cent per annum,
which reflects a margin of 1.55 per cent over the underlying swap rate. The
bonds will be issued on 7 March 2016 and will mature on 7 March 2023. The
bonds are expected to be quoted on the NZX Debt Market.

The updated terms sheet for the issue is attached.

-end-

Simon Till
Director Capital Markets, Fonterra
Phone: (09) 374 9344

ANZ
0800 269 476

Deutsche Craigs
0800 226 263
End CA:00278435 For:FCG    Type:INTEREST   Time:2016-02-26 15:51:41