ANVAU 4.400% 16Aug2027 Corp (AUD)

Bond Factsheet

AusNet Services Holdings Pty Ltd

Indicative

Full Lot

Bid Price

99.011

Change in Bid Price

0.082

Bid Yield (%)

5.429 %

Change in Bid Yield

remove 0.087

Ask Price

99.091

Change in Ask Price

0.087

Ask Yield (%)

5.346 %

Change in Ask Yield

remove 0.091

Indicative price as of 02 Oct 2026, 4:33pm

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Bond Information

AusNet Services Holdings Pty Ltd operates as a holding company. The Company, through its subsidiaries, manages and controls gas, and electricity distribution networks. AusNet Services Holdings serves clients in Australia.

Bond Issuer

AusNet Services Holdings Pty Ltd

Guarantor

Subsidiaries

Announcement Date

07 Feb 2017

Issue Date

16 Feb 2017

Maturity Date

16 Aug 2027

Years to Maturity / Next Call

0.869 / -

Modified Duration

0.828 @ 02 Oct 2026

Issue / Reoffer Price

99.129

Issue / Reoffer Yield

4.505

Coupon Type

Fixed

Annual Coupon Rate

4.400

Coupon Frequency

Semi Annually

Seniority

Senior Unsecured

Reference Rate

ISIN

AU3CB0242527

CUSIP

AM4028255

Bond Currency

AUD

Total Issue Size

425,000,000

Min. Investment Quantity (Nominal)

AUD 10,000

Incremental Quantity (Nominal)

AUD 10,000

Bond Type

Corporate

Bond Sector

Utilities

Bond Sub Sector

Electric Utilities

Issuer Credit Rating (S&P/ Fitch)

***/ W.R

Bond Credit Rating (S&P/ Fitch)

***/ N.R

Shariah Compliant

Exchange Listed

Others

Bond Feature(s)

Coupon Step

The Rate of Interest payable on the Notes will be subject to adjustment from time to time in the event of a Step Up Rating Change or a Step Down Rating Change as follows:

(A) if the Notes are assigned a credit rating from the two Rating Agencies of Baa1/BBB+ (or equivalent) or better as at any Interest Payment Date, the Rate of Interest payable on the Notes in respect of the Interest Period commencing on such Interest Payment Date shall be [TBD] per cent. per annum (the "Initial Rate of Interest"). For the avoidance of doubt, the Rate of Interest payable on the Notes shall remain at the Initial Rate of Interest, notwithstanding any increase in the rating assigned to the Notes above Baa1/BBB+ (or equivalent);

(B) if in the Interest Period ending on the date immediately prior to an Interest Payment Date: either Rating Agency has announced a Step Up Rating Change, the Rate of Interest shall be adjusted such that the Rate of Interest, with effect from the Interest Period commencing on such Interest Payment Date (subject to any further adjustment pursuant to this Condition), for each subsequent Interest Period thereafter, will increase above the Initial Rate of Interest by an amount per Rating Agency equal to the percentage set out opposite the applicable lower rating of the Notes assigned by that Rating Agency in the table below:

Rating (or equivalent)	Applicable percentage adjustment per Rating Agency
Baa2/BBB	0.25
Baa3/BBB-	0.50
Ba1/BB+ (or lower)	1.00

Change Control Call

The Issuer may, in the event of any proposed or actual reorganisation, restructuring, amalgamation, merger, acquisition or disposal involving the Issuer or any Guarantor, which may otherwise constitute an event of default or breach of any other obligations of the Issuer or any Guarantor under the Conditions, Pricing Supplement, Note Deed Poll or Guarantee Deed Poll at any time, having given:

(i) not less than 30 nor more than 60 days' notice to the Noteholders in accordance with Condition 19; and
(ii) not less than 15 days before the giving of the notice referred to in (i), notice to the Paying Agent and the Registrar, (which notices shall be irrevocable and shall specify the date fixed for redemption), redeem all of the Notes then outstanding on any Early Redemption Date (Call) and at the Early Redemption Amount(s) (Call) determined as specified below in Condition 10.6.

"Early Redemption Amount Call" means with respect to each Note:
(i) the outstanding principal amount of such Note plus any accrued and unpaid interest thereon and any accrued unpaid additional amounts which may be payable with respect to the Note to but excluding the Early Redemption Date (Call); or
(ii) if higher, the sum, as determined by the Calculation Agent, of the present values of the remaining scheduled payments of principal and interest on such Note to be redeemed (not including any portion of such payments of interest accrued to the Early Redemption Date (Call)) discounted to the Early Redemption Date (Call) at the Reference Rate

Reference Rate means the yield to maturity implied by the mid-market semi-annual ACGB rate reported at close of business on the third Business Day preceding the Early Redemption Date as reported on the display designated as page "0#AUTSYEOD=YBAU" of the Reuters Monitor System (or such other display as may replace page "0#AUTSYEOD=YBAU") for actively traded Australian dollar government bonds having a maturity equal to the remaining term of the Notes.

Bondsupermart strives to ensure the accuracy and relevance of the information provided here. If the information is not up-to-date or erroneous, we appreciate feedback to keep it accurate.

Coupon Dates	Coupon Receive	Principal Amount	Cash Flow

No Data