Channel announces interest rate for bond offer

Channel Infrastructure NZ Limited (Channel Infrastructure) earlier today announced that following the successful bookbuild process for its offer of 6 year, unsecured, unsubordinated, fixed rate bonds (Bonds) maturing on 14 November 2029, $100,000,000 of Bonds have been allocated to participants (or their clients) in the bookbuild process. The interest rate for the Bonds has been set at 6.75% per annum, being the minimum interest rate for the Bonds. The issue date for the Bonds is 14 November 2023. The Bonds are expected to be quoted on the NZX Debt Market under the ticker code CHI030 and commence trading on 15 November 2023. A copy of the final terms sheet (updated for the interest rate set out above) will be provided to NZX shortly. For further details investors can contact one of the Joint Lead Managers (details below), or their usual financial advice provider. Joint Lead Managers ANZ: 0800 269 476 Craigs: 0800 226 263 Forsyth Barr: 0800 367 227 Jarden: 0800 005 678 -ENDS- Authorised by: Chris Bougen General Counsel and Company Secretary Contact details: Investor Relations contact: Anna Bonney investorrelations@channelnz.com Media contact: Laura Malcolm communications@channelnz.com End CA:00421046 For:CHI Type:OFFER Time:2023-11-03 13:27:59