New Offer - Infratil Infrastructure Bond (IFT370).

Dear Investors,

Infratil Limited (IFT) is pleased to announce the opening of its new offer of NZ$50 million of infrastructure bond, these are unsecured, subordinated, fixed interest (IFT370). With the ability to accept oversubscriptions at Intratil’s discretion.

The final date to submit an offer is 8.30 am, Wednesday 4th of June 2025.
Payment is required by no later than 5.00pm, Wednesday 12th of June 2025.

Please note, Initial Public Offers (IPO) for notes have very short offer periods; if you want to discuss this offer, please contact your adviser or email shares@yovich.co.nz as soon as possible.

Allocations may be subject to demand and scaling. There is no public pool. The bonds will be booked out by contract note. Brokerage is not payable by the client for the bonds.

What is happening

• Unsecured, subordinated, fixed interest bonds
• Infratil will use the proceeds of the Offer for general corporate purposes, including to refinance the 2025 Bonds
• Not rated
• The Indicative interest rate is set at 6.25% - 6.40% per annum
• Minimum rate is 6.0%
• The maturity date will be 16th of June 2032
• The Bonds will be issued on Monday, 16th of June 2025
•  Expected date of initial quotation and trading on the NZX Debt Market – 17th of June 2025
• Issue Price: NZ$1.00 per Note
• The minimum application: NZ$5,000 with multiples of NZ$1,000 thereafter
• Interest Payments: 16 March, 16 June, 16 September and 16 December of each year until and including the Maturity Date (commencing on 16 June 2025)

Further Information:

Please refer to the following link for important information relating to the offer:

NZX Announcement

Infratil - Infrastructure bond Indicative term sheet