Works Finance (NZ) Limited – ROADS rate set
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Media/ASX and NZX Release
15 June 2023
WORKS FINANCE (NZ) LIMITED - ROADS RATE SET
Downer EDI Limited and Works Finance (NZ) Limited (previously known as Works Infrastructure Finance
(NZ) Limited) wish to advise that in accordance with the terms of the ROADS preference shares, the
Dividend Rate on the ROADS preference shares for the period 15 June 2023 to the next reset date of
15 June 2024, is 9.81% per annum payable quarterly in arrears. This figure is equal to the One Year Swap
Rate on 15 June 2023 of 5.76% per annum plus the Step-up Margin of 4.05% per annum.
It is the intention that Dividends will continue to be fully imputed.
Holders are not required to undertake any action.
Should you require any further information regarding the above please refer to the Prospectus, your financial
or professional advisor or your nominated NZX firm
.
Authorised for release by Downer’s Chief Financial Officer, Michael Ferguson.
About Downer
Downer is the leading provider of integrated services in Australia and New Zealand and customers are at the
heart of everything it does. It exists to create and sustain the modern environment and its promise is to work
closely with its customers to help them succeed, using world-leading insights and solutions to design, build
and sustain assets, infrastructure and facilities. For more information visit downergroup.com.
For further information please contact:
Media: Mitchell Dale, General Manager Corporate Affairs +61 448 362 198
Investors: Adam Halmarick, Group Head of Investor Relations +61 413 437 487
Downer EDI Limited
ABN 97 003 872 848
Triniti Business Campus
39 Delhi Road
North Ryde NSW 2113
1800 DOWNER
www.downergroup.com
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
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