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Turners to redeem Listed Subordinated Bond

Debt Issuance9 September 2021TRAConsumer Discretionary

Company Announcement

9 September 2021


Turners to redeem Listed Subordinated Bond

Turners Automotive Group Limited (NZX/ASX: TRA) advise that the Company’s NZX listed subordinated

bond (TRA100) will be redeemed on 30 September 2021, its maturity date. The bonds will be repaid from

available bank facilities resulting in interest cost savings into the future.

The Directors wish to thank bondholders, many of whom are also shareholders, for their ongoing support

of Turners.






ENDS


About Turners

Turners Automotive Group is New Zealand’s largest integrated automotive financial services group

helping wholesale and retail customers in three areas; buying and selling vehicles, finance and insurance

and debt management services. www.turnersautogroup.co.nz


For further information, please contact:


Todd Hunter, Chief Executive Officer, Turners Automotive Group Limited Mob: 021 722 818

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