Quotation Notice - Mercury NZ Limited ("MCY070")

QUOTATION NOTICE: NZX DEBT MARKET MERCURY NZ LIMITED (NS) (“MCY070”)

Company: Mercury NZ Limited (NS) (“MCY”)

Security Code: MCY070

ISIN: NZMCYDG007C9

Details of Issue: NZ$350 million unsecured, subordinated, interest bearing capital bonds

Offer Opening Date: Monday, 24 June 2024

Offer Closing Date: Thursday, 27 June 2024

Maturity Date: Saturday, 11 July 2054

Interest Rate: 6.42% per annum

Rate Reset Date: The First Reset Date is 11 July 2029. Thereafter there is a further Reset Date every five years.

Interest Payment Dates: 11 January, 11 April, 11 July, and 11 October of each year up to (and including) the Maturity Date

Date of First Interest Payment: Friday, 11 October 2024

First Interest Paid To: Holder on Record Date

Record Date: 10 calendar days before the relevant Interest Payment Date, or if that date is not a business day, the immediately preceding business day

Minimum Application Amount: NZ$5,000

Minimum Holding: NZ$5,000

Minimum Transferable Amount: NZ$1,000

Face Value: NZ$1.00 per capital bond

Supervisor: The New Zealand Guardian Trust Company Limited

Joint Lead Managers: Bank of New Zealand, Craigs Investment Partners Limited and Forsyth Barr Limited

Trust Deed Dated: Monday, 24 June 2024

Issue Date: Thursday, 11 July 2024

Registrar: Computershare Investor Services Limited (“RMLT”)

Settlement Status: NZCDC Settlement System

Expected Commencement of Trading on the NZX Debt Market: Friday, 12 July 2024

Mark Peterson
Chief Executive Officer
NZX Limited

27 06 2024

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Announcement PDF