Quotation Notice - Infratil Limited Bonds (“IFT380”)
05/06/2026 16:43 NZST, OFFER3
QUOTATION NOTICE: NZX DEBT MARKET
INFRATIL LIMITED (“IFT380”) CAPITAL BONDS
Company: Infratil Limited (“IFT”)
Security Code: IFT380
ISIN: NZIFTD0380L2
Details of Issue: NZ$200 million unsecured, subordinated, repayable, cumulative, interest-bearing capital bonds ("Capital Bonds").
Offer Opening Date: Tuesday, 2 June 2026
Offer Closing Date: 11:00am, Friday, 5 June 2026
Maturity Date: Friday, 15 June 2057
Interest Rate: 5.50% per annum until the First Reset Date (15 June 2032).
The Interest Rate will reset on each Reset Date (every five years after the First Reset Date) to be a fixed rate equal to the sum of the 5 Year Swap Rate on the Reset Date plus the Margin plus the Step-up Margin.
Interest Payment Dates: 15 March, 15 June, 15 September and 15 December of each year during the term of the Capital Bonds and on the date on which the Capital Bonds are repaid.
Date of First Interest Payment: Tuesday, 15 September 2026
First Interest Paid To: Holder on Record Date
Record Date: 10 calendar days before the relevant Interest Payment Date or, if that date is not a business day, the immediately preceding business day.
Minimum Application Amount: NZ$5,000 and multiples of $1,000 thereafter
Minimum Holding: 5,000 Capital Bonds
Minimum Transferable Amount: 1,000 Capital Bonds. IFT or the Registrar may decline to register a transfer if the transfer would result in the transferor or the transferee holding or continuing to hold a Non-marketable Parcel of Capital Bonds (unless the amount of Capital Bonds is zero).
Face Value: NZ$1.00 per Capital Bond
Supervisor: Trustees Executors Limited
Joint Lead Managers: Bank of New Zealand, Craigs Investment Partners limited and Forsyth Barr Limited
Trust Deed Dated: 2026 Capital Bonds Trust Deed dated 26 May 2026 between IFT as issuer and Trustees Executors Limited as supervisor.
Registrar: MUFG Pension & Market Services (NZ) Limited
Settlement Status: NZCDC Settlement System
Issue Date: Monday, 15 June 2026
Expected Commencement of Trading on the NZX Debt Market: Tuesday, 16 June 2026
Graham Law
Acting Chief Executive Officer
NZX Limited
5 June 2026