APT Pipelines Limited advises that the Interest Rate in respect of the APA Group Subordinated Notes (Notes) for the Interest Period commencing on 1 July 2015 and ending on 30 September 2015 is 6.6400% per annum.

This has been determined in accordance with the Notes Terms as the Bank Bill Rate on 1 July 2015 of 2.1400% plus the Margin of 4.50%.

The table below outlines the key dates and the Interest Payment for the next Interest Period:

Interest Payment
Date
Ex-Date Record Date No. of Days in
Interest Period
Interest
Rate
Interest Payment per Note (1)
30 September 2015 18 September 2015 22 September 2015 92 6.6400% $1.6736


Note 1: Face Value is $100.00 per Note

Unless otherwise defined, capitalised terms in this release have the same meaning given to them in the Prospectus dated 17 August 2012.



  • Search our publications
distributed by