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

Standard & Poor’s issue credit rating of BB+.

Pays 6.42% until 11 July 2029. The interest rate will be reset every five years.

11 January, 11 April, 11 July and 11 October of each year and ending on the Maturity Date.

Any time for up to five years.

11 July 2029 and every fifth anniversary of that date.

11 July 2054 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.