Infratil bonds annual coupon rate reset to 5.20%

NZX Operations announced today, December 15, 2025, that the interest rate payable on Infratil Limited's IFTHC bonds has been reset to 5.20% per annum. This change is effective from December 15, 2025, and will be reflected in the NZX trading system from market open on Tuesday, December 16, 2025. This follows an earlier announcement by Infratil Limited regarding the reset.

The new coupon rate for the Infratil Infrastructure Bonds maturing December 15, 2029 (IFTHC) applies for the period from December 15, 2025, to the next reset date, December 15, 2026. This rate of 5.20% per annum is payable quarterly in arrear. The coupon rate is calculated as the one year swap rate (for quarterly payments) on December 15, 2025, plus a margin of 2.50% per annum.

For further details regarding the reset, inquiries can be directed to NZX Product Operations at +64 4 496 2853 or productoperations@nzx.com. Additionally, Tom Robertson at tom.robertson@morrisonglobal.com can be contacted at +64 4 550 5432 for more information.