Issue 64

Indicative market yield (% pa) N/A
Indicative market price (%) 72.90

Issuer Infratil
Amount on issue (NZ$m) 238.0
Issuer type Corporate
Description Subordinated Perpetual Bond
Security ranking Subordinated
Assumed maturity date Perpetual
Legal maturity date Perpetual
Credit rating N/R
Current coupon 3.63
Coupon type Reset Quarterly
Next coupon reset date 15 Nov 2017
Coupon reset at 1 yr swap plus 1.50
Election/Conversion date N/A
First & future call dates Continuous
Margin reset date N/A
Margin reset N/A
NZX Code IFTHA
Holdings - minimum/increments ($) 5,000/1,000
Issue documentation Click here

Notes

The reset margin will be adjusted upwards if the issuer's Gearing Ratio is greater than 60%.  Please refer to the investment statement for details.

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