Issue 252

Indicative market yield (% pa) N/A
Indicative market price (%) 105.50

Issuer IAG
Amount on issue (NZ$m) 350.0
Issuer type Financial institution
Description Unsecured, subordinated Convertible Notes
Security ranking Subordinated
Assumed maturity date 15 Jun 2022
Legal maturity date N/A
Credit rating BBB
Current coupon 5.15
Coupon type Fixed Semi annual
Next coupon reset date 15 Jun 2022
Coupon reset at 6 year swap 2.60
Election/Conversion date 15 Jun 2022
First & future call dates 15 Jun 2022 & 2023-06-15
Margin reset date N/A
Margin reset N/A
NZX Code IAGFB
Holdings - minimum/increments ($) 5,000/1,000
Issue documentation Click here

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