Kiwi Capital Funding Limited capital note offer

Kiwi Capital Funding Limited (KCFL) has today announced that the bookbuild for its unsecured subordinated Capital Note offer has been well received by investors, and confirmed that the whole offer amount of $100 million has been reserved for clients of participants in the bookbuild process who have received firm allocations.

KCFL has set the Margin and interest rate for the Capital Notes. The Margin is 2.15% per annum and the interest rate will be 6.61% per annum for the first five years until the reset date of 15 July 2019.*

The offer opens on Thursday 15 May and closes on Tuesday 3 June at 5pm. Investors will be paid early bird interest on the Capital Notes at 6.61% per annum from the time their application money is banked. Investors are therefore encouraged to lodge their applications as soon as possible to take advantage of this.

To obtain KCFL’s Investment Statement for the Capital Notes, investors should contact one of the Joint Lead Managers to the offer (listed below) or their usual financial adviser.

  • Deutsche Craigs Limited 0800 226 263
  • • Forsyth Barr Limited 0800 367 227

Enquiries:

Bruce Thompson (Manager Communications) 04 460 6831