Mercury Capital Bond offer – books closed

Mercury Closes Capital Bond Offer And Sets Margin

Following the successful bookbuild process for its capital bond offer, Mercury NZ Limited (Mercury) confirmed today that the offer has closed and $350 million of capital bonds (Capital Bonds) have been allocated to the participants (or their clients) in the bookbuild process. This includes oversubscriptions of $50 million. There was no public pool for the offer.

The margin for the Capital Bonds has been set at 2.00% per annum and the interest rate for the Capital Bonds to the First Reset Date (11 July 2029) will be announced later today along with the release of the final terms sheet.

For further details investors can contact the Joint Lead Managers (details below) or their usual financial adviser.

Joint Lead Managers

BNZ - 0800 284 017

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
027 517 3470
[email protected]

For media queries, please contact:
Shannon Goldstone
Reputation and Social Impact Lead
027 210 5337
[email protected]

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Announcement PDF