Contact considers green bond issue

Contact considers green bond issue
Staff reporters
Contact Energy is considering making an offer of six-year fixed-rate, unsecured, unsubordinated green bonds to institutional investors and New Zealand retail investors. The offer is subject to market conditions, and full details are expected to be released during the week beginning March 27, 2023.The proceeds from the offer will be used for the financing and refinancing of renewable generation and other eligible green assets, in accordance with Contact's Sustainable Finance Framework. ANZ Bank has been appointed as the arranger an...