Air New Zealand Limited Retail Bond Offer Books Close

Stock exchange listings: New Zealand (NZX: AIR) / Australia (ASX: AIZ) / ADR (OTC: ANZLY)


MARKET ANNOUNCEMENT

Air New Zealand postal address: Private Bag 92007, Auckland, 1142, New Zealand
Investor Relations email: investor@airnz.co.nz
Investor website: www.airnewzealand.co.nz/investor


Classification: PROTECTED
20 October 2022

Air New Zealand Limited Retail Bond Offer Books Close

Following the successful bookbuild process for its offer of 5.5 year, unsubordinated,
unsecured, fixed rate bonds (Bonds), Air New Zealand Limited confirms today that the
offer has closed and NZ$100 million of Bonds have been allocated to participants (or
their clients) in the bookbuild process.

There was no public pool for the offer (whether via an online website, platform or
otherwise), with all of the Bonds (including oversubscriptions) allocated to clients of the
Joint Lead Managers (JLMs), institutional investors and other primary market
participants invited to participate in the bookbuild.

The issue margin for the Bonds has been set at 1.50% per annum and the interest rate
will be announced later today along with the release of the final terms sheet.

Investors should contact a JLM as listed below or their usual financial adviser for more
details.

Joint Lead Managers

0800 269 476 0800 367 227 0800 005 678
0800 772 142

Ends.

Authorised for release to NZX and ASX by:
Jennifer Page
General Counsel & Company Secretary
jennifer.page@airnz.co.nz
+64 27 909 0691

Stock exchange listings: New Zealand (NZX: AIR) / Australia (ASX: AIZ) / ADR (OTC: ANZLY)


MARKET ANNOUNCEMENT

Air New Zealand postal address: Private Bag 92007, Auckland, 1142, New Zealand
Investor Relations email: investor@airnz.co.nz
Investor website: www.airnewzealand.co.nz/investor


Classification: PROTECTED
For investor relations questions, please contact:
Leila Peters
General Manager, Corporate Finance
leila.peters@airnz.co.nz
+64 21 743 057