Spark Finance to issue Norwegian Krone debt

Spark Finance Limited
Spark City, 167 Victoria Street West, Private Bag 92028, Auckland, New Zealand

Market Announcement
19 March 2019
Spark Finance to issue Norwegian Krone debt
Spark Finance Limited, the wholly owned subsidiary of Spark New Zealand Limited (“Spark”) that carries
out the borrowing activities for the Spark group, announced today it will issue NOK 1 billion (equivalent
to NZ$169 million) 10-year fixed rate notes under Spark’s existing Australian debt issuance programme.
The notes will be issued today and mature on 19 March 2029.
These funds will be used to partially refinance an upcoming debt maturity; with this issuance also
providing Spark with another funding source, adding further diversification to complement its existing
domestic and offshore issuances.
The notes are listed on the NZX as wholesale debt securities and are expected to be rated A- by S&P
Global. The final terms sheet for these notes is attached.
Citigroup Global Markets Limited was sole dealer for the transaction.

-ENDS-

For media queries, please contact:
Lucy Fullarton
Communications Partner +64 (0) 21 070 6197

For investor relations queries, please contact:
Dean Werder
Finance Lead Partner – Product and Performance +64 (0) 27 259 7176

PLEASE SEE THE DISCLAIMER ACCOMPANYING THIS DOCUMENT
THE TERMS OF THIS TRANSACTION ARE PRIVATE & CONFIDENTIAL UNLESS OTHERWISE AGREED BY ALL PARTIES
Citigroup Global Markets Limited
Citigroup Centre
33 Canada Square
Canary Wharf, London E14 5LB

NOK FIXED RATE AUD MEDIUM TERM NOTE

Page 1 of 3
Final Terms and Conditions
26 February 2019
Issuer: Spark Finance Ltd
Guarantor
Spark New Zealand Limited and certain of its subsidiaries
Issuer Ratings:
A- by S&P
Status:
Unsubordinated and unsecured
ISIN:
XS1961820120
Offering Documentation:
The issuer’s AMTN Programme
New Issue Size:
NOK 1,000,000,000
Trade Date:
26 February 2019
Issue Date:
19 March 2019 (T + 3 weeks)
Maturity Date:
19 March 2029
Issue Price:
100.00%
Interest:
3.065%
Payable annually on an 30/360 unadjusted basis
Coupon payment dates:
19 March in each year until Maturity Date
Redemption:
100.00%
Exchange Listing:
NZX
Denominations:
NOK 1,000,000
Business Days:
Oslo, Sydney, Auckland and Wellington
Following Business Day Convention
Form:
Registered Notes, from the Issuer’s AMTN Programme
Governing Law:
New South Wales, Australia
Change of Control:
Not applicable
Makewhole Call:
Not applicable
Settlement:
Euroclear
Issuing and Paying Agent:
The Bank of New York Mellon, London Branch
Dealer:
Citigroup Global Markets Limited
Target Market:
MiFID II professionals/ECPs-only/No PRIIPs KID – Manufacturer target market
(MiFID II product governance) is eligible counterparties and professional clients
only (all distribution channels).

PLEASE SEE THE DISCLAIMER ACCOMPANYING THIS DOCUMENT
THE TERMS OF THIS TRANSACTION ARE PRIVATE & CONFIDENTIAL UNLESS OTHERWISE AGREED BY ALL PARTIES

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