Mercury Green Bond offer – interest rate set

Mercury NZ Limited (Mercury) today announced that, following a bookbuild for its offer of 5 year unsecured, unsubordinated fixed rate green bonds (Green Bonds), $150 million of Green Bonds have been allocated to participants (or their clients) involved in the bookbuild process. There was no public pool for the offer.

The interest rate for the Green Bonds has been set at 5.64% per annum. This reflects an issue margin of 1.05% per annum over the underlying swap rate.

The Green Bonds will be issued on 19 June 2023 and will mature on 19 June 2028.

The Green Bonds are expected to be quoted on the NZX Debt Market under the ticker code MCY060 on 20 June 2023.

A copy of the final terms sheet (updated for the interest rate set out above) will be provided to NZX.

For further details investors can contact one of the Joint Lead Managers or their usual financial adviser.

Arranger, Green Bond Co-ordinator for this offer and Joint Lead Manager

ANZ
0800 269 476

Joint Lead Managers

Craigs Investment Partners
0800 226 263

Forsyth Barr
0800 367 227

ENDS

Howard Thomas
General Counsel and Company Secretary
Mercury NZ Limited

For investor relations queries, please contact:
Paul Ruediger
Head of Business Performance & Investor Relations
0275 173 470
[email protected]

For media queries, please contact:
Shannon Goldstone
Head of Communications
027 210 5337
[email protected]

---

Announcement PDF