Genesis Energy Limited has successfully allocated NZ$125,000,000 of 6-year fixed-rate unsecured, unsubordinated green bonds following a successful bookbuild.
The interest rate for the Green Bonds has been set at 4.17% per annum, which is 1.05% per annum over the underlying swap rate and will be issued on 14 March 2022, maturing on 14 March 2028.
The Green Bonds are expected to be quoted on the NZX Debt Market under the ticker code GNE060.
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