Infratil Considers Infrastructure Bond Offer

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







10 July 2023

Infratil Considers Infrastructure Bond Offer

Infratil Limited (Infratil) is considering making an offer of 6 year unsecured, unsubordinated, fixed rate infrastructure
bonds maturing on 31 July 2029 (Infrastructure Bonds) to New Zealand investors.
The offer will likely be for up to $75 million of Infrastructure Bonds, with the option to accept up to a further $50
million of oversubscriptions at Infratil's discretion. If the offer is made it will be reserved for New Zealand clients of
the Joint Lead Managers, approved financial intermediaries and other primary market participants invited to
participate in the bookbuild process. The offer is expected to open on 17 July 2023 and close on 21 July 2023.
If the offer is made the proceeds raised will be used for general corporate purposes, including to repay a portion of
Infratil's existing bank debt bridge facility put in place to fund the acquisition of One New Zealand.
Investors can register their interest in the offer by contacting a Joint Lead Manager or their usual financial adviser.
Indications of interest will not constitute an obligation or commitment of any kind.
No money is currently being sought and applications for the Infrastructure Bonds cannot currently be made. If Infratil
offers the Infrastructure Bonds, the offer will be made in accordance with the Financial Markets Conduct Act 2013 as
an offer of debt securities of the same class as existing quoted debt securities. The Infrastructure Bonds are expected
to be quoted on the NZX Debt Market.

Arranger and Joint Lead Manager: Tom Robertson
Bank of New Zealand Treasury and Risk Manager, Infratil
Joint Lead Managers: Phone: +64 4 550 5432
ANZ Bank New Zealand Limited Email: tom.robertson@hrlmorrison.com
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