Quotation Notice – Turners Automotive Group Ltd (“TRA100”)
QUOTATION NOTICE: NZX DEBT MARKET
TURNERS AUTOMOTIVE GROUP LIMITED (“TRA100”) BONDS
NZX Limited, Level 1, NZX Centre, 11 Cable Street, PO Box 2959, Wellington 6140, New Zealand
Tel +64 4 472 7599, www.nzx.com
Issuer:
Turners Automotive Group Limited (TRA)
Security Code:
TRA100
ISIN:
NZTRADT003C7
Details of Issue:
An offer of up to NZ$25,000,000 of secured subordinated
fixed rate bonds with the ability to accept up to $5 million
oversubscriptions at Turners’ discretion
Opening Date:
Tuesday, 28 August 2018
Closing Date:
12:00pm Monday, 24 September 2018
Interest Rate:
5.5% per annum
Maturity Date:
Thursday, 30 September 2021
Issue/Allotment Date:
Monday, 1 October 2018
Interest Payment Dates:
30 March, 30 June, 30 September and 30 December in each
year up to and including the Maturity Date
Date of First Interest Payment:
Sunday, 30 December 2018, as this date falls on a non-
business day, payment will be made to holders on Monday,
31 December 2018
First Interest Paid To:
Holders of Bonds as at the relevant Record Date
Record Date:
5.00pm on the tenth day before the due date for that
payment or, if that day is not a Business Day, the preceding
Business Day
Minimum Application Amount:
NZ$2,000 and in multiples of NZ$1,000 thereafter
Minimum Holding:
$1,000
Minimum Transferrable Amount:
$1,000
Face Value:
$1.00 per bond
Joint Lead Manager/Organising
Participant:
First New Zealand Capital (FNZC)
Joint Lead Manager:
ANZ Bank New Zealand Limited
Supervisor / Trustee Name:
Public Trust
Trust Deed Dated:
Tuesday, 28 August 2018
Registrar:
Computershare Investor Services (RMLT)
Settlement Status:
NZCDC Settlement System
Expected Commencement of
Trading on the NZX Debt Market:
Tuesday, 2 October 2018
Mark Peterson
Chief Executive Officer
NZX Limited
28 August 2018
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
Other issuers discussed similar conditions around this time
Matched by meaning across NZX announcement text, not keywords — based on our semantic index of announcement bodies.
- FCG — Fonterra Co-operative Group Limited: Quotation Notice – FCG Limited (“FCG050”) Bonds2018-11-08
“QUOTATION NOTICE: NZX DEBT MARKET FONTERRA CO-OPERATIVE GROUP LIMITED BONDS (“FCG050”) NZX Limited, Level 1, NZX Centre, 11 Cable Street, PO Box 2959, Wellington 6140, New Zealand Tel +64 4 472 7599, www.nzx.com Company: Fonterra Co-operative Group Limited (“FCG”) Se…”
- FSF — Fonterra Shareholders' Fund: Quotation Notice – FCG Limited (“FCG050”) Bonds2018-11-08
“QUOTATION NOTICE: NZX DEBT MARKET FONTERRA CO-OPERATIVE GROUP LIMITED BONDS (“FCG050”) NZX Limited, Level 1, NZX Centre, 11 Cable Street, PO Box 2959, Wellington 6140, New Zealand Tel +64 4 472 7599, www.nzx.com Company: Fonterra Co-operative Group Limited (“FCG”) Se…”