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Fonterra Issue Size and Interest Rate Determined

Debt Issuance8 November 2018FCGConsumer Staples

8 NOVEMBER 2018
FONTERRA ISSUE SIZE AND INTEREST RATE DETERMINED

Following the successful bookbuild process for its bond offer, Fonterra Co-operative Group

Limited announced today that the offer had closed and NZ$100,000,000 of unsubordinated,

unsecured fixed rate bonds (Bonds) had been allocated to the participants (or their clients) in

the bookbuild process. There was no public pool for the offer.

The interest rate for the fixed rate bonds will be 4.15 per cent per annum, which reflects a margin

of 1.35 per cent over the underlying 7 year swap rate. The Bonds will be issued on 14 November

2018 and will mature on 14 November 2025. The Bonds are expected to be quoted on the NZX

Debt Market under the ticker code FCG050.

The final Terms Sheet will follow.

-end-


Simon Till

Director Capital Markets, Fonterra

Phone: (09) 374 9344


ANZ CBA

0800 269 476 0800 272 633

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