Bond information
The fixed rate bonds referred to below are issued under a master trust deed dated 29 April 2019 (Master Trust Deed) and supplemented by series supplements dated 15 November 2021 (for VCT100) between Vector and The New Zealand Guardian Trust Company Limited.
VCT100 | |
|---|---|
Status | Unsecured, unsubordinated, fixed rate bonds |
Amount on issue | $225 million |
Issue date | 26 November 2021 |
Interest rate | 3.69% per annum |
Interest payment dates | 26 May and 26 November each year |
Maturity date | 26 November 2027 |
Statutory supervisor | The New Zealand Guardian Trust Company Limited |
Registrar | Computershare Investment Services Limited |
Capital Bond Information
The capital bonds are issued under a trust deed dated 25 September 2002 (as amended) (Trust Deed). The Trust Deed includes the conditions of the capital bonds set out in Schedule 1 of the Trust Deed.
VCT110 | |
|---|---|
Status | Fixed rate, unsecured, subordinated capital bonds |
Amount on issue | $307,205,000 |
Issue date | 5 November 2002 |
Interest rate (as from 15 June 2022) | 6.23% per annum |
Interest payment dates | 15 June and 15 December each year |
Next election dates | 15 June 2027 |
Statutory supervisor | The New Zealand Guardian Trust Company Limited |
Registrar | Computershare Investor Services Limited |
On 3 May 2022 Vector issued an election notice specifying the new interest rate, interest payment dates and next election date to apply to the capital bonds from the election date on 15 June 2022.
The election notice can be found in the “Market Releases”RELINK TO NEWS-MARKET RELEASE PAGE part of the “News” section of our website. Details of the new conditions are shown in the table above. The other terms of the capital bonds remained unchanged.
The next election date for the capital bonds is 15 June 2027.
Contact details for bonds
If you have any questions in relation to your bonds, you may contact Vector’s bond registrar Computershare Investors Services Limited. Computershare can be contacted as follows:
Phone: 0800 650 034 or +64 9 488 8777
Email: vector@computershare.co.nz
Address:
Private Bag 92119
Victoria Street West
Auckland 1142