Infratil
| Issuer | Infratil |
| Issue type | Subordinated callable bond |
| Rank |
Subordinated Structural subordination: Infratil Finance, a wholly owned subsidiary of the issuer, has bank facilities under which the debt due to the banks ranks before in priority to the claims of the bond holders. |
| Maturity | 15 November 2017 |
| Early redemption | Continuous |
| Coupon (%) | 8.00% fixed quarterly |
| Amount | Up to $75m - $39.7 allotted as at 9 December |
| Opening date | 4 November 2011 |
| Closing date | 31 January 2012 |
| Listed | Yes as IFT170 |
| Credit rating | n/a |
| Lead manager(s) | ANZ, First NZ, Forsyth Barr, Westpac |
| Information | Simplified disclosure prospectus |
News
Notes
- Swap or NGZS plus a margin means the actual rate will be set at that margin over the relevant maturity swap rate or Government bond rate, usually a couple of days before the issue date. Click here for swap rates and here for Government bond rates.
- The amount on offer is usually allocated to brokers who then accept subscriptions up to their allocations. The lead manager(s) control the allocation of bonds. There can be a public pool which is not allocated and subscriptions under the public pool are made directly to the issuer or lead manager(s).
- Listing on NZDX unless stated otherwise.
