AGL Energy Subordinated Notes Interest Rate Notice
AGL Energy Limited confirms that the Interest Rate in respect of the AGL Energy Subordinated Notes (AGLHA) for the Interest Period commencing on 8 December 2014 and ending on 9 March 2015 is 6.5150% per annum. The Interest Rate is calculated as the Bank Bill Rate on 8 December 2014 of 2.7150% plus the Margin of 3.80%.
The table below outlines the key dates and the Interest Payment for the next Interest Period.
|Ex-Date||Record Date||No. of days in |
|Interest Rate||Interest payment |
|9 March 2015||25 February 2015||27 February 2015||91||6.5150%||$1.624 |
Terms defined in the AGL Energy Subordinated Notes Terms have the same meaning in this notice.
(1) Face value is $100 per Note
AGL is one of Australia's leading integrated energy companies and largest ASX listed owner, operator and developer of renewable energy generation in the country. Drawing on over 175 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 taking action toward creating a sustainable energy future for our investors, communities and customers.