Retail Entitlement Offer - Documents Mailed to ... - AWB Limited

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TermDefinitionInvestor Presentation The investor presentation in connection with the Equity Raising dated 23 September 2009 and annexedto this Retail Information Booklet as Annexure IIIssue Price$1.00 per New ShareLead ManagersDeutsche Bank AG, Sydney Branch, Goldman Sachs JBWere Pty Ltd and UBS AG, Australia BranchMelbourne time Before 4 October 2009:Australian Eastern Standard TimeAfter 4 October 2009:Australian Eastern Daylight Savings TimeNew SharesThe Shares offered under the Equity RaisingRecord DateThe time and date for determining which Shareholders are entitled to an Entitlement under theEntitlement Offer, being 7.00pm (Melbourne time) on Monday, 28 September 2009Registry Computershare Investor Services Pty Limited (ABN 48 078 279 277)Retail Closing DateThe last date for Eligible Retail Shareholders to lodge an Application, being 5:00pm (Melbourne time)on Wednesday, 21 October 2009Retail Entitlement Offer The offer of New Shares to Eligible Retail Shareholders under the Entitlement Offer as described insection 1.3.Retail Information Booklet This booklet dated 2 October 2009, including the Investor Presentation and the ASX AnnouncementShare One ordinary share in AWB Limited (ABN 99 081 890 459)ShareholderThe registered holder of an Existing ShareUnderwriting Agreement The underwriting agreement dated 23 September 2009 between AWB and the Lead Managers, asdescribed in section 4.9US or United StatesUnited States of America, its territories and possessions, any state of the United States and the District ofColumbiaUS PersonsThe meaning given in Rule 902(k) of Regulation S under the US Securities ActUS Securities ActThe US Securities Act of 1933, as amended17
Annexure I – ASX Equity Raising AnnouncementNOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES OR TO U.S. PERSONS23 September 2009AWB launches fully underwritten Entitlement Offer andInstitutional Placement to raise $459 million, and refinancesdomestic corporate debt facilitiesKey pointsUndertaking $459 million fully underwritten equity raising, which will transform the balancesheetSuccessful refinancing of $575 million of domestic corporate debt facilities includingsyndicated debt, receivables securitisation and inventory financing Pro forma net corporate debt following equity raising estimated to be $490 million as at 30September 2009, a reduction of $646 million from 30 September 2008Update on 2009 guidance, including various corporate initiatives and a $120m non-cashimpairment against Landmark Financial ServicesAWB Limited (“AWB”) today announced the launch of a fully underwritten 1 for 1 acceleratednon-renounceable pro-rata entitlement offer (“Entitlement Offer”), and an underwritteninstitutional placement (“Institutional Placement”, together the “Offer”) to raise $459 million.AWB also announced that it has reached agreement with its core banks to refinance itsdomestic corporate debt facilities, which were due to mature in October 2009. In aggregatethese new facilities total $575 million.AWB’s pro forma net corporate debt (domestic and offshore) following the equity raising isestimated to be $490 million as at 30 September 2009.AWB’s Managing Director Gordon Davis said, “The capital raising is being undertaken tostrengthen AWB's balance sheet and to provide financial flexibility through the subsequentreduction in net debt.“The Offer and debt refinancing also supports AWB's intention of maintaining an investmentgrade credit rating.AWB has also today provided the market with updated 2009 guidance, including details ofvarious corporate initiatives related to Commodities Management and Landmark Financial18
Page 1 and 2: ABN 99 081 890 459To:The ManagerCom
Page 3 and 4: Important informationRETAIL INFORMA
Page 5 and 6: Letter from the Chairman2 October 2
Page 7 and 8: What should you do?1. Read this Ret
Page 9 and 10: Section 1 - Overview of the Equity
Page 11 and 12: Section 2 - How to Apply - Eligible
Page 13 and 14: Section 3 - TaxationSet out below a
Page 15 and 16: Section 4 - Important Information f
Page 17: GlossaryTerm16Definition$ or A$ or
Page 21 and 22: Annexure I - ASX Equity Raising Ann
Page 23 and 24: Annexure I - ASX Equity Raising Ann
Page 25 and 26: Annexure II - Investor Presentation
Page 59 and 60: Shareholder Information Line on 130
Page 61 and 62: Corporate DirectoryAWB LimitedABN 9
Page 63 and 64: How to complete the Entitlement and
Page 65: Shareholders who are eligible to pa

Retail Entitlement Offer - Documents Mailed to ... - AWB Limited

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