Ann: S/HOLDER: FBI: FB Industries Limited rollove

• Release Date: 31/03/14 19:00
• Summary: S/HOLDER: FBI: FB Industries Limited rollover of May 2014 Capital Notes
• Price Sensitive: No
• Download Document  1.55KB

					FBI
31/03/2014 17:00
S/HOLDER

REL: 1700 HRS Fletcher Building Industries Limited

S/HOLDER: FBI: FB Industries Limited rollover of May 2014 Capital Notes

Auckland, 31 March 2014 - Fletcher Building Industries Limited advises that
noteholders of the May 2014 Capital Notes (FBI050) have been sent an election
notice outlining the new terms that will apply from 15 May 2014.

Noteholders have the option to retain some or all of their capital notes on
the new terms offered or to convert them into fully paid Fletcher Building
shares. However, Fletcher Building Industries Limited has the right to redeem
or purchase for cash, either directly or by a nominee, any of the capital
notes that noteholders elect to convert.

Fletcher Building Industries Limited has determined that it will exercise
this option and will have a nominee purchase for cash those capital notes
which noteholders have elected to convert.

The noteholders have until 28 April 2014 to advise their election.

The new terms of the May 2014 Capital Notes are:

New Election Date: 15 March 2019
New Interest Rate:  6.45% per annum
Interest Dates: Interest dates will be the 15 September and 15 March
thereafter until, and including, the Final Interest Date
The Capital Notes will be known as: March 2019 or FBI130

Copies of the election notice and a covering letter to the noteholders are
attached to this announcement.

Contact:

Philip King
Group General Manager
Investor Relations & Capital Markets
Phone: +64 9 525 9043
Fax: +64 9 525 9029

End
End CA:00248938 For:FBI    Type:S/HOLDER   Time:2014-03-31 17:00:22