MRP
25/06/2014 16:34
LISTING
REL: 1634 HRS Mighty River Power Limited (NS)
LISTING: MRP: Quotation Notice: MRP Capital Bonds ("MRP010")
QUOTATION NOTICE: NZX DEBT MARKET
MIGHTY RIVER POWER LIMITED CAPITAL BONDS ("MRP010")
Company: Mighty River Power Limited
Security Code: MRP010
ISIN: NZMRPDG001C6
Registered Office: Level 14, ANZ Centre, 23-29 Albert Street, Auckland, New
Zealand
Website: www.mightyriver.co.nz
Telephone Number: +64 9 308 8200
Details of Issue: An offer of up to $300 million of unsecured, subordinated,
redeemable, cumulative, interest bearing capital bonds
Opening Date: 18 June 2014
Closing Date: 5.00pm, 8 July 2014
Interest Rate: The higher of 6.80% per annum or the five year swap rate plus
2.25% per annum (until, (but excluding) the first Reset Date when it will be
reset)
Rate Set Date: 9 July 2014
Maturity Date: 11 July 2044 unless redeemed earlier in accordance with the
Capital Bond Conditions
Date of First Interest Payment: 11 October 2014
Interest Payment Dates: 11 January, 11 April, 11 July and 11 October of each
year and ending on the Maturity Date
Deferral of Interest: Any time for up to five years
Reset Dates: 11 July 2019 and every fifth anniversary of that date
Optional Early Redemption by the Company: Any Reset Date, any Interest
Payment Date after a Reset Date if a Successful Election Process has not been
undertaken in respect of that Reset Date, on a Tax Event or Rating Agency
Event or if the outstanding amount of the Capital Bonds is less than $100
million
First Interest Paid To: Bondholder on the Register as at the Record Date
Minimum Application Amount: $5,000 with multiples of $1,000 thereafter
Minimum Holding: $5,000 Capital Bonds
Face Value: $1.00 per Capital Bond
Trustee Name: The New Zealand Guardian Trust Company Limited
Arranger and Organising Participant: Forsyth Barr Limited
Joint Lead Managers: Forsyth Barr Limited, ANZ Bank New Zealand Limited,
Deutsche Craigs Limited and Goldman Sachs New Zealand Limited
Trust Deed Dated: Master Trust Deed dated 4 April 2003, as modified and
supplemented by the Supplemental Trust Deed dated 6 June 2014
Settlement Status: NZCDC Settlement System
Registrar: Computershare Investor Services Limited ("RMLT")
Issue Date: 11 July 2014
Commencement of Trading on the NZX Debt Market: 11 July 2014
Tim Bennett
Chief Executive Officer
NZX Limited
25 June 2014
End CA:00252036 For:MRP Type:LISTING Time:2014-06-25 16:34:58
