FSF
15/04/2015 16:35
INTEREST
PRICE SENSITIVE
REL: 1635 HRS Fonterra Shareholders' Fund (NS)
INTEREST: FSF: Fonterra announces Interest Rate for Bond Issue
15 APRIL 2015
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 $250 million plus oversubscriptions of $100 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 4.33 per cent per annum,
which reflects a margin of 0.75 per cent over the swap rate for the period
the same term as the bonds. The bonds will be issued on 20 April 2015 and
will mature on 20 October 2021. The bonds are expected to be quoted on the
NZX Debt Market.
The updated terms sheet for the issue is attached.
-end-
Simon Till
Group Treasurer, Fonterra
Phone: (09) 374 9344
ANZ
0800 269 476
BNZ
0800 284 017
CBA
0800 272 633
Westpac
0800 942 822
End CA:00263136 For:FSF Type:INTEREST Time:2015-04-15 16:35:03
