BNZ
27/11/2015 13:41
LISTING
NOT PRICE SENSITIVE
REL: 1341 HRS Bank of New Zealand
LISTING: BNZ: Quotation Notice: BNZ Subordinated Notes ("BNZ090")
QUOTATION NOTICE: NZX DEBT MARKET
BANK OF NEW ZEALAND SUBORDINATED NOTES ("BNZ090")
Company: Bank of New Zealand ("BNZ")
Security Code: BNZ090
ISIN: NZBNZDT383C8
Details of Issue: An offer of $550 million of subordinated
unsecured notes
Opening Date: 23 November 2015
Closing Date: 14 December 2015
Interest Rate: 5.314% per annum (until the Optional Redemption
Date when it will be reset)
Optional Redemption Date: 17 December 2020
Maturity Date: 17 December 2025
Interest Payment Dates: 17 March, 17 June, 17 September and 17 December in
each year up to and including the Maturity Date
Date of First Interest Payment: 17 March 2016
First Interest Paid To: Holder on Record Date
Record Date: Close of business on the 10th calendar day prior to the relevant
payment date or, if that date is not a business day, the immediately
preceding business day
Minimum Application Amount: $5,000 and in multiples of $1,000 thereafter
Minimum Holding: $5,000
Face Value: $1.00 per Note
Arranger: Bank of New Zealand
Joint Lead Managers: Bank of New Zealand, Deutsche Craigs Limited, First NZ
Capital Securities Limited, Forsyth Barr Limited and Macquarie Capital (New
Zealand) Limited
Co-Manager: JBWere (NZ) Pty Limited
Investment Statement Dated: 11 November 2015
Issue Date: 17 December 2015
Registrar: Computershare Investor Services Limited ("RMLT")
Settlement Status: NZCDC Settlement System
Expected Commencement of Trading on the NZX Debt Market: 18 December 2015
Tim Bennett
Chief Executive Officer
NZX Limited
27 November 2015
End CA:00274252 For:BNZ Type:LISTING Time:2015-11-27 13:41:58
