The AMP Capital Notes 2 Offer is open from Wednesday 4 December to Wednesday 18 December 2019 for clients of syndicate brokers and eligible AMP securityholders who are residents in Australia.
Capital Notes 2 are expected to be listed on the Australian Securities Exchange (ASX) and begin trading, initially on a deferred settlement basis, on the ASX on 24 December 2019.
Capital Notes 2 have a Face Value of A$100. The minimum investment is 50 Capital Notes 2 (A$5,000), and in multiples of 10 Capital Notes 2 (A$1,000) thereafter. They are being issued as part of the AMP Group's ongoing funding and capital management strategy. The proceeds raised by the issue will be used to meet general funding requirements, including to fund Additional Tier 1 Capital of one or more APRA-regulated entities within the AMP Group.
AMP and the Joint Lead Managers may agree to vary the timetable, including extending the Closing Date, closing the Offer early without notice or accepting late Applications, whether generally or in particular cases, or withdrawing the Offer at any time before Capital Notes 2 are issued, at their discretion.
You are encouraged to apply as soon as possible after the Opening Date for the Offer.
|Record Date for determining Eligible Securityholders (7.00pm Sydney time)||15 November 2019|
|Lodgement of the Prospectus with ASIC||26 November 2019|
|Bookbuild||3 December 2019|
|Announcement of the Margin||3 December 2019|
|Lodgement of the replacement Prospectus with ASIC||4 December 2019|
|Opening Date for the Offer||4 December 2019|
|Closing Date for the Securityholder Offer (5.00pm Sydney time)||18 December 2019|
|Closing Date for the Broker Firm Offer (10.00am Sydney time)||20 December 2019|
|Issue Date||23 December 2019|
|Capital Notes 2 commence trading on ASX (deferred settlement basis)||24 December 2019|
|Holding Statements for Capital Notes 2 dispatched by||30 December 2019|
|Capital Notes 2 commence trading on ASX (normal settlement basis)||31 December 2019|
|Shareholder Approval sought||8 May 2020|
|First Distribution Date||16 March 2020|
|Optional Exchange Date||16 December 2025|
|Date on which Mandatory Conversion is scheduled to occur||16 December 2027|
* These dates are indicative only and may change without notice.
Capital Notes 2 information line:
1300 338 164 (within Australia); +61 3 9415 4018 (outside Australia) Monday to Friday - 8.30am to 5.30pm (Sydney time)