New Issues


Infratil Ltd


Infratil Ltd

Issue type unsecured, unsubordinated debt
Rank Ranks equally with other similar securities
Maturity 15 June 2021 & 15 June 2024
Early redemption Subject to terms outlined in the investment statement
Coupon (%)



Amount $100 million + $50 mln in oversubscriptions
Opening date 20 May 2016
Closing date 30 June 2016
Minimum parcel size $5,000 and then in multiples of $1,000
Listed IFT 220 & IFT 230
Credit rating Not rated
Organising Participant and Manager(s)

Organiser: Forsyth Barr

Managers: ANZ, Deutsche Craigs, First NZ Capital, Forsyth Barr & Westpac (NZ Branch)


Product Disclosure Statement


Infratil new bond issue


  • 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.