Spark Finance Bonds: Issue Size & Interest Rate determined
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Spark Finance Limited
Spark City, 167 Victoria Street West, Private Bag 92028, Auckland, New Zealand
MARKET RELEASE
31 August 2018
Spark Finance Bonds: Issue Size and Interest Rate determined
Spark Finance Limited today announced that it will issue NZ$125,000,000 of
unsubordinated, unsecured fixed rate bonds (Bonds).
The issue margin for the Bonds has been set at 1.00 per cent per annum over the
underlying 5.5 year swap rate and the interest rate has been set at 3.37 per cent per
annum.
All of the Bonds have been allocated to intermediaries for distribution to their clients
and there is no public pool available.
The Bonds will be issued on 7 September 2018 and will mature on 7 March 2024. The
Bonds are expected to be quoted on the NZX Debt Market under the ticker code
SPF580.
The final terms sheet for the Bonds will be available through
http://investors.sparknz.co.nz/.
Joint Lead Managers
Phone: 0800 269 476 Phone: 0800 942 822
- ENDS –
For media queries, please contact:
Lucy Fullarton
Communications Partner
+64 (0) 21 070 6197
For investor relations queries, please contact:
Dean Werder
General Manager Finance and Business Performance
+64 (0) 27 259 7176
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
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