Corporate Action Notice – Redemption of CHI010 Notes

Corporate Action Notice
(Other than for a Distribution)
Updated January 2024
Page 1 of 2
Section 1: Issuer information (mandatory)
Name of issuer Channel Infrastructure NZ Limited (Channel
Infrastructure)
Class of Financial Product CHI010
NZX ticker code Unsecured, subordinated notes issued by Channel
Infrastructure on 14 December 2018, which are
quoted on the NZX Debt Market under the ticker
CHI010 (Subordinated Notes)
ISIN (If unknown, check on NZX
website)
NZNZRDT001C8
Name of Registry NZD
Type of corporate action
(Please mark with an X in the relevant
box/es)
Share Purchase
Plan/retail offer
Renounceable
Rights issue or
Accelerated
Offer

Capital
reconstruction
Non-
Renounceable
Rights issue or
Accelerated
Offer

Call x Bonus issue
Placement
Record date 16/02/2024
Ex Date (one business day before the
Record Date)
15/02/2024
Currency NZD
External approvals required before offer
can proceed on an unconditional basis?
N
Details of approvals required N/A
Section 4: Call
Total number of Financial Products
being called
All Subordinated Notes outstanding on the
redemption date of 1 March 2024 (being 54,901,000
Subordinated Notes)
Total call amount payable in respect of
all Financial Products
$54,901,000
Amount payable per Financial Product $1.00 (being the principal amount of the
Subordinated Note)
The final semi-annual interest payment will also be
paid to holders of the redeemed Subordinated Notes
Call notices mailed 14/11/2023

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Redemption date 01/03/2024
Section 8: Lead Manager and Underwriter (mandatory)
Lead Manager(s) appointed N
Name of Lead Manager(s) N/A
Fees, commission or other
consideration payable to Lead
Manager(s) for acting as lead
manager(s)
N/A
Underwritten N
Name of Underwriter(s) N/A
Extent of underwriting (i.e. amount
or proportion of the offer that is
underwritten)
N/A
Fees, commission or other
consideration payable to
Underwriter(s) for acting as
underwriter(s)
N/A
Summary of significant events that
could lead to the underwriting
being terminated
N/A
Section 9: Authority for this announcement (mandatory)
Name of person authorised to make this
announcement
Chris Bougen General Counsel and Company
Secretary
Contact person for this announcement Chris Bougen
Contact phone number +64 9 432 8311
Contact email address investorrelations@channelnz.com
Date of release through MAP 09/02/2024