Fletcher Building Finance Limited advises that it has today completed the purchase of the March 2010 Capital Notes from those noteholders who had advised that they did not wish to accept the new terms set for the notes.
The details of the acquisition, as required by listing rule 7.12.1, are:
Issuer |
Fletcher Building Finance Limited |
Class of security and ISIN |
Capital Notes FBF020 (NZFBFD0002S1) and FBF030 (NZFBFD0003S9, which roll into FBF070 (NZFBFDA007C8) |
Number acquired |
40,427,000.00 |
Nominal value and acquisition price |
$1.00 per capital note; $40,427,000.00 in aggregate |
Payment method |
Cash |
Amount paid up (if not in full) |
Paid in full |
Percentage of the total class of securities acquired |
15 March 2016 (FBF070) - 54% |
Reason for the acquisition |
As part of the rollover of the Fletcher Building Finance Limited March 2010 Capital Notes |
Specific authority for the acquisition |
Conditions of the Capital Notes as set out in the Trust Deed |
Any terms or details of the acquisition |
N/A |
Total number of securities of the class in existence after the acquisition |
15 March 2016 (FBF070) - 75,000,000 (which includes Capital Notes acquired and held as treasury stock) |
Held as treasury stock |
Yes |
Acquisition date |
15 March 2010 |
Sara Double
Treasurer
Phone: +64 9 525 9339
Fax: +64 9 525 9029
End