Fonterra announces interest rate for retail bond offer
1 November 2024
Fonterra announces interest rate for retail bond offer
Following the successful bookbuild process for its bond offer, Fonterra Co-operative Group Limited
announced today that the offer had closed and NZ$300,000,000 of unsubordinated, unsecured five year
fixed rate bonds (Bonds) have been allocated to clients of the Joint Lead Managers, Primary Market
Participants and other approved financial intermediaries. There was no public pool for the offer.
The interest rate for the Bonds has been set at 4.60 per cent per annum, which reflects a margin of 0.85
per cent over the underlying swap rate. The Bonds will be issued on 8 November 2024 and will mature on
8 November 2029. The bonds are expected to be quoted on the NZX Debt Market under the ticker code
FCG060.
An updated terms sheet for the offer will be released shortly.
ENDS
For further information contact:
Mark Woodward
Group Treasurer, Fonterra
Phone: +64 9 374 9363
Joint Lead Managers
0800 269 476
0800 772 142
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.
Other issuers discussed similar conditions around this time
Matched by meaning across NZX announcement text, not keywords — based on our semantic index of announcement bodies.
- FSF — Fonterra Shareholders' Fund: Fonterra announces interest rate for retail bond offer2024-10-31
“1 November 2024 Fonterra announces interest rate for retail bond offer Following the successful bookbuild process for its bond offer, Fonterra Co-operative Group Limited announced today that the offer had closed and NZ$300,000,000 of unsubordinated, unsecured f…”
- FSF — Fonterra Shareholders' Fund: Fonterra announces books closed for retail bond offer2024-10-31
“1 November 2024 Fonterra announces books closed for retail bond offer Following the successful bookbuild process for its bond offer, Fonterra Co-operative Group Limited confirms today that its offer of unsubordinated, unsecured five year fixed rate bonds (Bonds) has now c…”
- FSF — Fonterra Shareholders' Fund: Fonterra launches Retail Bond Offer2024-10-28
“29 October 2024 Fonterra launches retail bond offer Fonterra Co-operative Group Limited (Fonterra) confirms today that it is offering up to NZ$250,000,000 of unsubordinated, unsecured five year fixed rate bonds (with the ability to accept up to NZ$100,000,000 in oversubsc…”