OFFER OF FIXED RATE BONDS MATURING ON 15 DECEMBER 2022 BY BAY ENERGY LIMITED
TRUSTPOWER LIMITED
trustpower.co.nz
There are some aspects of this fund which may require extra consideration before deciding to invest.
FMA exemption
Some funds are exempted from the disclosure requirements, so certain information may not be available for these offers. Or the information provided might be in a different form, given the bespoke nature of the offer. Here's more on Financial Markets Authority exemptions.
Financial Markets Conduct (Bay Energy Limited) Exemption Notice 2016
Issuer's description of this product:
The bonds are unsecured, unsubordinated, fixed rate debt obligations of Bay Energy Limited
Minimum investment
$5,000
This is the minimum amount you would need to put into this in order to invest.
Closing date
12 Oct 2016
This is when this offer closes to investors.
The details
Key facts
Provider website
Intending to list
Yes
Issuer's industry
Electricity/gas/water/waste
Credit ratings
Credit ratings can help you understand whether your investment in bonds will pay or if you'll get your money back. They indicate the long-term ability of the issuer to repay its debts. See also the Reserve Bank's primer on credit ratings and a map of the three scales used by the rating agencies.
Investment credit rating
Not providedIssuer credit rating
Not providedMaturity
Fixed Date
Rate
Fixed
Key documents
These are the most important documents that a provider is required to file about this investment.
Product disclosure statement
Before you invest in a product like a fund, you are given a PDS which has essential details about it and the company providing it. Here's more on how to read a PDS.
Product Disclosure Statement Senior Bonds.pdf
How this investment works, including about the provider, risks, costs and potential returns
PDF, 1.31 MB
Additional disclosure documents
These are more documents from the provider that can contain interesting information.
Otherinformation Series 3 Senior Bonds.pdf
Other information - Series 3 Senior Bonds
PDF, 101.94 KB
Additional details
Issuer details
Name
TRUSTPOWER LIMITED
Type
NZ Limited Company
Industry
Electricity/gas/water/waste
Website
NZBN
9429038917912
FSP Number
Credit rating
Not provided
Supervisor
Name
TRUSTEES EXECUTORS LIMITED
Offer details
Date registered
14 September 2016
Date opened
26 September 2016
Closing date
12 October 2016
Offer credit rating
N/A
Continuous issue
No
Further payments may be required
No
Restrictions on transfer
No
Restrictions on acquisition
No
Convertible product
No
Intending to list
Yes
Schedule 1 exemption
No
FMA exemption
Yes
Reference numbers
Offer
OFR10880: OFFER OF FIXED RATE BONDS MATURING ON 15 DECEMBER 2022 BY BAY ENERGY LIMITED