Fonterra considers Retail Bond Offer

22/10/2024 08:30 NZDT, OFFER

22 October 2024

Fonterra Considers Retail Bond Offer

Fonterra Co-operative Group Limited (Fonterra) is considering an offer (Offer) of unsubordinated, unsecured five year fixed rate bonds to institutional investors and to New Zealand retail investors.

The Offer will be made pursuant to the Financial Markets Conduct Act 2013 as an offer of debt securities of the same class as Fonterra’s existing quoted debt securities. The bonds are expected to be quoted on the NZX Debt Market. Fonterra intends to release full details of the Offer during the week commencing 28 October 2024.

Fonterra has appointed ANZ Bank New Zealand Limited (ANZ) as Arranger in relation to the Offer, and ANZ, together with Westpac Banking Corporation (ABN 33 007 457 141) (acting through its New Zealand branch) have been appointed as the Joint Lead Managers in relation to the Offer.

Investors can register their interest in the Offer by contacting the Joint Lead Managers (details below) or their usual financial advisor.

Indications of interest will not involve an obligation or commitment of any kind. No money is currently being sought and no bonds can be applied for or acquired until the Offer opens and the investor has received a copy of the offer document in relation to the bonds.

ENDS

For further information contact:

Mark Woodward

Group Treasurer, Fonterra

Phone: +64 9 374 9363

Joint Lead Managers

ANZ

0800 269 476

Westpac

0800 772 142