Genesis Energy Limited has successfully allocated NZ$285,000,000 of unsecured, subordinated green capital bonds (Capital Bonds) through a bookbuild process, including oversubscriptions of NZ$60,000,000.

The Interest Rate for the Capital Bonds has been set at 5.66% per annum, and the Capital Bonds will be issued and quoted on the NZX Debt Market on 9 and 10 June 2022 respectively.

The redemption of Genesis' existing unsecured, subordinated, green capital bonds quoted on the NZX Debt Market has also been announced.

See more