Ann: S/HOLDER: FBI: FB Industries Limited rollover of May 2016...

• Release Date: 01/04/16 12:24
• Summary: S/HOLDER: FBI: FB Industries Limited rollover of May 2016 Capital Notes
• Price Sensitive: No
• Download Document  1.58KB

					FBI
01/04/2016 12:24
S/HOLDER
NOT PRICE SENSITIVE
REL: 1224 HRS Fletcher Building Industries Limited

S/HOLDER: FBI: FB Industries Limited rollover of May 2016 Capital Notes

Auckland, 01 April 2016 - Fletcher Building Industries Limited advises that
noteholders of the May 2016 Capital Notes (FBI060 and FBI070) have been sent
an election notice outlining the new terms that will apply from 15 May 2016.

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 26 April 2016 to advise their election.

The new terms of the May 2016 Capital Notes are:

New Election Date:
15 March 2021

New Interest Rate:
4.75% 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 2021 or FBI150

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:00280213 For:FBI    Type:S/HOLDER   Time:2016-04-01 12:24:06