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The Warehouse Group Limited has launched a 5 year unsecured, unsubordinated fixed rate bond issue of up to $100m.

Details as follows:

Issuer: The Warehouse Group Limited (WHS)

Issuer Rating: Not credit rated.

Type of Security: Unsecured, Unsubordinated Fixed Rate Bonds.

Size: Up to NZ$100 million (a general offer of up to $75 million and an exchange offer for holders of the WHS010 bonds of up to $25 million), with the right to accept NZ$25 million in oversubscriptions.
Issue Price: $1.00 per Bond.

Indicative Interest Rate: 5.30-5.55%pa gross.

Interest payments: Semi-annual - each year on 15 June and 15 December. Early bird interest will be paid on accepted applications at the interest rate between the application date and 15 June 2015.

Interest Rate Set Date: Tuesday, 19 May 2015.

Opening Date: Wednesday, 20 May 2015.

Exchange Offer Closing Date: 5pm Friday, 5 June 2015.

General Offer Closing Date: 5pm Wednesday, 10 June 2015.

Issue Date: Monday, 15 June 2015.

Maturity Date: 15 June 2020.

*Quotation: Application has been made to quote the bonds on the NZDX (the ticker code WHS020 has been reserved).

Registrar: Computershare Investor Services Limited

Minimum Application and Denominations: NZ$5,000 and multiples of NZ$1,000 thereafter.