Notification of interest payment & interest rate change
Announcement Summary
Entity name
QUBE HOLDINGS LIMITED
Security on which the Interest Payment will be paid
QUBHA - HYBRID 3-BBSW+3.90% 05-10-23 SUB CUM
Announcement Type
New announcement
Date of this announcement
Tuesday October 11, 2016
Interest Payment Amount
AUD 1.42
Ex Date
Friday December 23, 2016
Record Date
Wednesday December 28, 2016
Payment Date
Thursday January 5, 2017
Refer to below for full details of the announcement
Announcement Details
Part 1 - Entity and announcement details
Name of +Entity
QUBE HOLDINGS LIMITED
Registered Number Type
ACN
149723053
Registration Number
ASX issuer code
QUB
The announcement is
New announcement
Date of this announcement
Tuesday October 11, 2016
ASX +Security Code for Interest Payment
QUBHA
ASX +Security Description
HYBRID 3-BBSW+3.90% 05-10-23 SUB CUM
Part 2A - Interest period dates and interest payment details
Interest Rate Calendar Type
Rule 7(2), 7 calendar day
2A.1 Payment date
Thursday January 5, 2017
2A.3 Ex-Date
Friday December 23, 2016
2A.5 Last day of payment period
Wednesday January 4, 2017
2A.7 Interest rate expressed as a per annum rate
5.635000 %
2A.9 Currency in which the interest payment is made ("primary currency")
AUD - Australian Dollar
2A.10 Interest payment amount per +security
AUD 1.42000000
2A.2 +Record Date
Wednesday December 28, 2016
2A.4 First day of payment period
Wednesday October 5, 2016
2A.6 Number of days in the payment period
92
2A.8 Interest rate pro-rated for the number of days in the payment period
1.420300 %
2A.10(i) Comment on how the interest payment amount per security is calculated
The interest payment amount per security is calculated as the total interest rate pro-rated for the number of days in the payment period multiplied by the Face Value of the Security as referred to in clause 3.3 of the Terms contained in the replacement Prospectus lodged with ASX and dated 7 September 2016.
2A.11 Are any of the below approvals required for the interest payment before business day 0 of the timetable?
Security holder approval Court approval
Lodgement of court order with +ASIC ACCC approval
FIRB approval
Another approval/condition external to the entity required before business day 0 of the timetable for the interest payment.
No
2A.12 Is the interest payment franked?
No
2A.13 Is the interest payment payable in the form of +securities rather than cash?
No
2A.14 Does the entity have arrangements relating to currency in which the interest payment is paid to security holders that it wishes to disclose to the market?
No
2A.15 Is there a principal amount payment component payable?
No
Part 3 - Floating rate +securities - details of interest rate applicable to the payment notified in Part 2A
Date interest rate is set
Wednesday October 5, 2016
Comments on how the date that interest rate is set is determined
Interest will be paid on each Interest Payment Date, as defined in the Terms of Issue of Qube Subordinated Notes which are included in the replacement Prospectus lodged with ASX and dated 7 September 2016
Interest base rate
1.7350 %
Comments on how interest base rate is set
The interest base rate is the Bank Bill Rate applicable on 5 October 2016, being the issue date for the Notes, for the first Interest Period.
Interest margin
3.9000 %
Comments on how interest margin is set
The interest margin was determined under the Bookbuild, as referred to in the replacement Prospectus lodged with ASX and dated 7 September 2016
Any other rate/multiplier used in calculating interest rate
%
Comments on how other rate used in calculating interest rate is set
Total interest rate expressed as a per annum rate
5.6350 %
Comment on how the total interest rate expressed as a per annum rate is set
The total interest rate is the Bank Bill Rate on 5 October 2016 plus the Margin, calculated in accordance with the Terms of Issue of Qube Subordinated Notes which are included in the replacement Prospectus lodged with ASX and dated 7 September 2016.
Part 4 - Further information
Please provide any further information applicable to this payment
For further information, please refer to the replacement Prospectus lodged with ASX and dated 7 September 2016
URL link to a copy of the prospectus/PDS or further information about the +security
www.qube.com.au/announcements/year/2016/p5
Additional information for inclusion in the Announcement Summary
Qube Holdings Limited published this content on 11 October 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 10 October 2016 22:17:12 UTC.
Original documenthttp://www.qube.com.au/downloads/announcements/Appendix_3A.2_-_111016.pdf
Public permalinkhttp://www.publicnow.com/view/FD23D1D1265DFBD5526D4843E3F02C7FB304800D