Unsecured, subordinated, redeemable, cumulative, interest bearing debt securities.

Standard & Poor’s issue credit rating of BB+

Pays 5.73% until 13 May 2027. The interest rate will be reset every five years.

13 February, 13 May, 13 August and 13 November of each year and ending on the Maturity Date.

Any time for up to five years.

13 May 2027 and every fifth anniversary of that date.

13 May 2052 unless redeemed earlier.

Any reset Date, any interest Payment Date if a Successful Election Process has not been undertaken in respect of that Reset Date, on a Tax event or Rating Agency Event if the outstanding amount of the Capital Bonds is less than $100 million.