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.
|
distributed by |