✨ Transpower Financial Instruments
27 NOVEMBER 2009
NEW ZEALAND GAZETTE, No. 172
4183
TRANSPOWER NEW ZEALAND LIMITED LINES BUSINESS
Australian Medium Term Notes
Under the Australian Medium Term Note programme, Transpower Finance may issue notes guaranteed by Transpower.
The aggregate amount of the notes outstanding may not exceed AUD 750,000,000 ($930,290,000) as at 30 June 2009
(AUD 750,000,000 [$946,005,000] as at 30 June 2008).
There were no Australian Medium Term notes outstanding as at 30 June 2009 (30 June 2008: nil).
US Private Placement
Bonds were issued for a nominal amount of USD 100 million ($153.2 million converted at 30 June 2009 exchange rate of
0.6526 and $164.5 million as amended by cross currency interest rate swaps) with maturities in 2016 and 2019 and
yields ranging from 5.59% to 5.74%.
Bonds are issued by Transpower Finance under a Note and Guarantee Agreement dated 27 September 2004. The Bonds
are guaranteed by Transpower (the "Guarantor"). Fighting Bay Finance Limited, Haywards Limited, Oteranga Bay Limited,
Omaka Training Limited, Halfway Bush Finance Limited and TB and T Limited (the "Subsidiary Guarantors"). The Guarantor
and Subsidiary Guarantors have unconditionally guaranteed payment of the principal, interest and other amounts owing
under the Agreement.
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NZ Gazette 2009, No 172
✨ LLM interpretation of page content
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Transpower New Zealand Limited Financial Provisions
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💰 Finance & RevenueProvisions, Employee benefits, Restructuring, Disestablishing, Legal, HVDC Pole 1, Decommissioning costs, Non-current finance lease liability, Reconciliation to lease payments, Australian Medium Term Notes, US Private Placement