Update on Infratil Infrastructure Bond Offer

Infratil Limited 5 Market Lane, PO Box 320, Wellington, New Zealand Tel +64-4-473 3663 www.infratil.com






11 June 2021


Infratil Infrastructure Bond Offer

3.60% p.a. due 15 December 2027


On 25 May 2021 Inf ratil Limited (“Infratil”) announced an of f er of up to $50 million of unsecured,
unsubordinated f ixed rate Inf rastructure Bonds which are to mature on 15 December 2027 (“Bonds”), with
the option to accept up to a f urther $50 million of oversubscriptions at Inf ratil’s discretion. The of f er comprises
a General Of f er and an Exchange Of f er under which holders of the Inf rastructure Bonds maturing 15 June
2021 could elect to reinvest in the new Bonds.

Inf ratil conf irms that the Exchange Of f er closed on 10 June 2021 and that Inf ratil expects to issue Bonds
under the Exchange Of f er with an aggregate Face Value of ~$54.8 million on 15 June 2021.

As advised on 1 June 2021, the allocation of Bonds to the public pool (being those applications that are made
directly to Inf ratil) under the General Of f er has been exhausted and no f urther applications were accepted
af ter that date.

Inf ratil advises that the General Of f er will now close on 16 June 2021 (previously scheduled to close on 30th
June 2021). Inf rastructure Bonds of f ered under the General Of f er will be issued on 6 July 2021.

Full details of the of fer of Inf rastructure Bonds (including the Terms Sheet) is available on
www.inf ratil.com/f or-investors/bonds/

For f urther inf ormation contact Aaron Queree, Inf ratil Treasurer at aaron.queree@hrlmorrison.com