Debt Investors

Learn about our current credit rating status, our Retail Bonds and Capital Notes.

Fonterra current credit rating status

A-

Standard & Poor’s Ratings Services (S&P) has rated Fonterra, A- / Outlook stable

A

Fitch Australia Pty Limited (Fitch) has rated Fonterra, A / Outlook stable

Sustainable Finance

Fonterra has released its Sustainable Finance Framework, which aligns Fonterra’s funding strategy with its sustainability ambitions and reflects the evolving preferences of lenders and debt investors in this area. See the Media Release here. For more information you can view the following documents and listen to the Debt Investor Group Call held on 25 October 2022:

Sustainable Finance Framework - October 2022

Second Party Opinion (SPO) - ISS Corporate Solutions - October 2022

Debt Investor Update Presentation - October 2022

Retail Bonds and Capital Notes

Fonterra has Retail Bonds and Capital Notes on the issue and listed on the New Zealand Stock Exchange Debt Market (NZDX). To buy or sell Retail Bonds / Capital Notes, please contact your broker.

Retails Bonds have been rated the same as the Company by both S&P and Fitch. Capital Notes which are subordinate to other Fonterra debt issued are rated BBB+ by S&P and A- by Fitch.

     
     
Retail bond Retail bond Capital note
NZDX code FCG040 FCG050 FCGHA
Documentation Terms sheet Terms sheet Investment statement 
prospectus

PDF

Capital notes deed of amendment and restatement

PDF

Capital notes initial supplemental deed

PDF

Master trust deed

PDF

Supplemental trust deed (No. 16)

PDF

Supplemental trust deed (No. 19)

Services for our Investors

Sustainability

Fonterra Shareholders' Fund

Dividends & Reinvestment Plan