TPW
05/12/2014 15:52
LISTING
NOT PRICE SENSITIVE
REL: 1552 HRS TrustPower Limited
LISTING: TPW: Listing and Quotation Notice: Trustpower Limited Bonds
QUOTATION NOTICE: NZX DEBT MARKET
TRUSTPOWER LIMITED BONDS ("TPW120")
Company: Trustpower Limited
Security Code: TPW120
ISIN: NZTPWDT120C5
Registered Office: Trustpower Building, Truman Lane, RD 5, Tauranga, 3175
Website: www.trustpower.co.nz
Telephone Number: +64 7 572 9800
Details of Issue: An offer of up to $125 million unsecured, unsubordinated,
fixed rate debt obligations of Trustpower, maturing on 15 December 2021
("Bonds") comprising:
- A general offer of up to $75 million of new Bonds to institutional
investors and members of the public who are resident in New Zealand (with the
ability to accept oversubscriptions of up to an additional $25 million if the
exchange offer is not fully subscribed);
- An offer to holders of existing bonds which mature on 15 December 2014
("TPW080 Bonds") who are resident in New Zealand, of the opportunity to apply
all or some of the redemption proceeds from their TPW080 Bonds to subscribe
for Bonds from a pool of up to $50 million new Bonds.
Opening Date for Exchange Offer and General Offer: Monday, 17 November 2014
Exchange Offer Closing Date: Tuesday, 2 December 2014
General Offer Closing Date: Monday, 8 December 2014
Interest Rate: 5.63% per annum
Maturity Date: 15 December 2021
Interest Payment Dates: 15 March, 15 June, 15 September and 15 December in
each year until and including the Maturity Date.
Date of First Interest Payment: Monday, 16 March 2015 (being the first
business day after Sunday, 15 March 2015)
First Interest Paid To: Original subscriber
Minimum Application Amount: $5,000 and multiples of $1,000 thereafter
Minimum Holding: $5,000
Face Value: $1.00 per Bond
Trustee Name: Trustees Executors Limited
Arranger: Westpac Banking Corporation
Trust Deed Dated: 30 October 2009 and amended by a Series Supplement dated 17
November 2014.
Settlement Status: NZCDC Settlement System
Registrar: Computershare Investor Services Limited ("RMLT")
Allotment Date: Monday, 15 December 2014
Commencement of Trading on the NZX Debt Market: Thursday, 18 December 2014
Tim Bennett
Chief Executive Officer
NZX Limited
5 December 2014
End CA:00258585 For:TPW Type:LISTING Time:2014-12-05 15:52:58
