CHI010 – Record Date rule clarification

QUOTATION NOTICE: NZX DEBT MARKET
CHANNEL INFRASTRUCTURE NZ LIMITED (“CHI010”)
SUBORDINATED NOTES
NZX Limited, Level 1, NZX Centre, 11 Cable Street, PO Box 2959, Wellington 6140, New Zealand
Tel +64 4 472 7599, www.nzx.com


** This is a re-release of the L&Q Notice released on 29 November 2018. This notice has been updated to correct the Record
Date rule.


Issuer:

Channel Infrastructure NZ Limited (“CHI”)
Security Code:
CHI010
ISIN:
NZNZRDT001C8

Details of Issue:
An offer of $75million of unsecured, subordinated notes
Opening Date:
Friday, 30 November 2018
Closing Date:
Wednesday, 12 December 2018
Interest Rate:
5.10% per annum
Election Dates
Friday, 1 March 2024 and Thursday, 1 March 2029
Maturity Date:
Wednesday, 1 March 2034
Issue/Allotment Date:
Friday, 14 December 2018
Interest Payment Dates:
1 March and 1 September in each year up to and including the
Maturity Date
Date of First Interest Payment:
Friday, 1 March 2019
First Interest Paid To:
Original Subscriber
Record Date:
10 business days before the relevant payment date (or, if that is
not a business day, the immediately preceding business day)
Minimum Application Amount:
$5,000 and multiples of $1,000 thereafter
Minimum Holding:
$5,000
Face Value:
$1.00 per note
Lead Manager/Organising
Participant:
First NZ Capital Securities Limited
Supervisor Name:
The New Zealand Guardian Trust Company Limited
Trust Deed Dated:
20 November 2018

Registrar:
Computershare Investor Services Limited
Settlement Status:
NZCDC Settlement System
Expected Commencement of
Trading on the NZX Debt Market:
Monday, 17 December 2018






Mark Peterson
Chief Executive Officer
NZX Limited
29 November 2018

---

NZX Limited
Level 1, NZX Centre
11 Cable Street
PO Box 2959
Wellington 6140
New Zealand
Tel +64 4 472 7599

www.nzx.com


Memorandum

To:
Market Participants
From:
NZX Product Operations
Date:
Friday, 20 May 2022
Subject:
Channel Infrastructure NZ Limited (“CHI010”) – Record Date rule clarification


Message
:

NZX Operations (“NZXO”) advises a clarification has been made to the Record Date rule for
Channel Infrastructure NZ Limited subordinated notes (“CHI010”).
The CHI010 subordinated notes had been set-up with a rule which calculated the Record Date
as “10 Calendar Days prior to payment date”. This has now been amended in NZX, NZClear
and Computershare’s systems to reflect the rule set out in the offer documents which calculates
the Record Date as “10
Business Days
prior to payment date”. This change will be reflected in
all systems from Monday, 23 May 2022. The Record Date rule for the CHI010 subordinated
notes is the same as the Record Date rule for Channel Infrastructure NZ Limited’s unsecured,
unsubordinated, fixed rate bonds which were issued on 20 May 2022 and are expected to
commence trading on the NZX Debt Market from 23 May 2022 under ticker code CHI020.
An updated L&Q Notice for the CHI010 subordinated notes accompanies this memorandum.
Please contact NZX Product Operations on +64 4 496 2853 or productoperations@nzx.com
with any queries.
ENDS