AGL Energy Limited (AGL) confirms that the Interest Rate in respect of the AGL Energy Subordinated Notes (AGKHA) for the Interest Period commencing on 8 June 2012 and ending on 10 September 2012 is 7.34% per annum.The Interest Rate is calculated as the Bank Bill Rate on 8 June 2012 of 3.54% plus the Margin of 3.80%.
The table below outlines the key dates and the Interest Payment for the current Interest Period.
|Interest Payment Date||Ex-Date||Record Date||No. of days in Interest Period||Interest Rate||Interest Payment Per Note1|
|27 August 2012||31 August 2012||
Terms defined in the AGL Energy Subordinated Notes Terms have the same meaning in this notice.
1 Face value is $100 per Note
2All calculations of interest will be rounded to four decimal places.
AGL is one of Australia's leading integrated energy companies and is taking action toward creating a sustainable energy future for our investors, communities and customers. Drawing on over 170 years of experience, AGL operates retail and merchant energy businesses, power generation assets and an upstream gas portfolio. AGL has one of Australia's largest retail energy and dual fuel customer bases. AGL has a diverse power generation portfolio including base, peaking and intermediate generation plants, spread across traditional thermal generation as well as renewable sources including hydro, wind, landfill gas and biomass. AGL is Australia's largest private owner and operator of renewable energy assets and is looking to further expand this position by exploring a suite of low emission and renewable energy generation development opportunities.