Ann: S/HOLDER: FBI: FB Industries Limited rollover of March 2015 Capital Notes

• Release Date: 30/01/15 09:40
• Summary: S/HOLDER: FBI: FB Industries Limited rollover of March 2015 Capital Notes
• Price Sensitive: No
• Download Document  1.58KB

					FBI
30/01/2015 09:40
S/HOLDER
NOT PRICE SENSITIVE
REL: 0940 HRS Fletcher Building Industries Limited

S/HOLDER: FBI: FB Industries Limited rollover of March 2015 Capital Notes

Auckland, 30 January 2015 - Fletcher Building Industries Limited advises that
noteholders of the March 2015 Capital Notes (FBI090) have been sent an
election notice outlining the new terms that will apply from 15 March 2015.

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 25 February 2015 to advise their election.

The new terms of the March 2015 Capital Notes are:

New Election Date: 15 March 2020
New Interest Rate: 5.80% 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 2020 or FBI140

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:00260163 For:FBI    Type:S/HOLDER   Time:2015-01-30 09:40:31