Spark Finance extends standby facility

GENERAL

Fri, Apr 16 2021 03:00 pm

MARKET RELEASE
16 April 2021

Spark Finance extends standby facility

Spark Finance Limited, the wholly owned subsidiary of Spark New Zealand Limited (“Spark”) that carries out the borrowing activities for the Spark group, announced today that it has extended the term of its NZ$200 million committed standby revolving credit facility (“Standby”) by one year, to mature on 30 April 2024.

The Standby is provided through participation from Australasian and global banks.

Authorised by:
Alastair White
GM Capital Markets

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