Summerset Bond Offer - Offer Close

NZX & ASX RELEASE

15 May 2025

SUMMERSET CLOSES ITS RETAIL BOND OFFER

Summerset Group Holdings Limited (Summerset) today announced that, following a successful bookbuild, the issue size of its six year, fixed rate bond offer has been set at NZ$150 million. This includes oversubscriptions of NZ$50 million.

All of the bonds have been allocated to the participants (or their clients) in the bookbuild process. There was no public pool for the offer.

The Issue Margin for the bonds has been set at 1.95% per annum and the Interest Rate will be announced later today along with the release of the Final Terms Sheet.

For further information please contact:

Joint Lead Managers
ANZ
Commonwealth Bank of Australia
Craigs Investment Partners
Forsyth Barr

ENDS

For investor relations enquiries:
Margaret Warrington
Chief Financial Officer
[email protected]
+64 4 894 7320

For media enquiries:
Louise McDonald
Senior Communications & Media Advisor
[email protected]
+64 21 246 3793

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Announcement PDF