Investors / Bonds

CAPITAL BONDS

Details of Vector's bonds that are quoted on the NZX Debt Market (VCT070).

On 5 November 2002 Vector issued unsecured, subordinated capital bonds (Capital Bonds) under a trust deed dated 25 September 2002 (as amended).
 

Trading Halt

As announced by Vector on 11 April 2017, a trading halt and suspension has been granted by NZX in respect of the Capital Bonds from close of trading on Wednesday 26 April 2017 until close of trading on Thursday 15 June 2017.
 

Upcoming Election Date

Under the Capital Bonds Trust Deed, Capital Bondholders are entitled to make an election to keep or offer to sell some or all of their Capital Bonds on each election date.
 
The next election date for the Capital Bonds is Thursday 15 June 2017. Capital Bondholders listed on the Capital Bond register at close of trading on 28 April 2017 were sent an Election Notice and Explanatory Notes on 3 May 2017. Capital Bondholders have until 5.00pm on Wednesday 31 May to advise their election.

The current terms and conditions of the Capital Bonds can be found in the Capital Bonds Trust Deed and the Explanatory Notes dated 3 May 2017. A copy of the Replacement Security Deed Poll also relevant to the Capital Bonds can be found here.