AGL Energy Subordinated Notes Interest Rate Notice
AGL Energy Limited confirms that the Interest Rate in respect of the AGL Energy Subordinated Notes (AGKHA) for the Interest Period commencing on 10 June 2014 and ending on 8 September 2014 is 6.4783% per annum. The Interest Rate is calculated as the Bank Bill Rate on 10 June 2014 of 2.6783% 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 |
|8 September 2014||27 August 2014||29 August 2014||90||6.4783%||$1.5974|
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 renewable energy companies and is taking action toward creating a sustainable energy future for our investors, communities and customers. Drawing on 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 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.