WHS
19/05/2015 14:45
INTEREST
PRICE SENSITIVE
REL: 1445 HRS The Warehouse Group Limited
INTEREST: WHS: Senior Bond Offer - Interest Rate Announced
Auckland, 19th May 2015
Senior Bond Offer - Bookbuild Successful and Interest Rate Announced
The Warehouse Group Limited (WHS) today announced that the bookbuild for its
issue of unsecured, unsubordinated, fixed rate bonds has been successful.
$100 million has been reserved for clients of participants in the bookbuild
process who have received firm allocations in the General Offer. This
includes oversubscriptions of $25 million.
The General Offer opens tomorrow and is scheduled to close on 10 June 2015.
The Exchange Offer to holders of Maturing Bonds resident in New Zealand,
which is for up to $25 million, opens tomorrow and is scheduled to close on 5
June 2015.
There will be no public pool for the Bonds.
The Interest Rate for the Bonds has been set at 5.30% per annum.
Early bird interest will be paid at the interest rate in respect of accepted
applications under the General Offer within five business days of the issue
date. Investors are therefore encouraged to lodge their applications as soon
as possible to take advantage of this.
Applications under the General Offer can only be made on the application form
in the Product Disclosure Statement (PDS). To obtain a PDS free of charge
contact one of the Joint Lead Managers to the offer (listed below) or your
usual financial adviser. A copy of the PDS is also available at
www.thewarehousegroup.co.nz/fixed-rate-bond information.
o Deutsche Craigs 0800 226 263
o ANZ 0800 269 476
o BNZ 0800 284 017
Holders of the Maturing Bonds will be sent a letter with a Product Disclosure
Statement and a personalised application form to enable them to participate
in the Exchange Offer. If they wish to subscribe for a greater amount of
Bonds than their current holding in the Maturing Bonds, then they should
contact one of the Joint Lead Managers or their usual financial adviser for
details of how to participate in the General Offer in respect of such
additional amount because there is no public pool for the Bonds.
For further information please contact:
Media: Mark Powell, Group CEO
To be contacted via Gayle Theunissen
on +64 9 489 8900, Extn 96333 or +64 21 742 784
Investors and Analysts: Mark Yeoman, Group CFO +64 21 778 404
End CA:00264495 For:WHS Type:INTEREST Time:2015-05-19 14:45:22
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