Issue 64
| Indicative market yield (% pa) | N/A |
| Indicative market price (%) | 55.00 |
| 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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