Quotation Notice – Mercury NZ Ltd Capital Bonds (“MCY020”)

QUOTATION NOTICE: NZX DEBT MARKET
MERCURY NZ LIMITED (NS) CAPITAL BONDS (“MCY020”)
NZX Limited, Level 1, NZX Centre, 11 Cable Street, PO Box 2959, Wellington 6140, New Zealand
Tel +64 4 472 7599, www.nzx.com


Company:
Mercury NZ Limited (NS) (“MCY”)
Security Code:
MCY020
ISIN:
NZMCYDG002C0
Details of Issue:
An offer of NZ$300 million of subordinated unsecured capital
bonds

Opening Date:
Wednesday, 12 June 2019
Closing Date:
5:00pm Thursday, 4 July 2019
Interest Rate:
Interest Rate Reset:
3.60% per annum
The first reset date is 11 July 2024. Thereafter there is a further
reset date every five years. As part of a successful election
process, a different reset date may be adopted.
Maturity Date:
Sunday, 11 July 2049
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 2019
First Interest Paid To:

Record Date:
Holder on Record Date

10 calendar days prior to the relevant interest payment date or, if
that date is not a business day, the immediately preceding
business day

Minimum Application Amount:
$5,000

Minimum Holding:

Minimum Transferable Amount:


$5,000

$1,000

Face Value:
Supervisor:
Arranger:
Lead Managers:
$1.00 per capital bond
The New Zealand Guardian Trust Company Limited
Forsyth Barr Limited
Forsyth Barr Limited, Bank of New Zealand, and Deutsche Craigs
Limited
Trust Deed Dated:
Supplemental Trust Deed dated 12 June 2019 and Master Trust
Deed dated 4 April 2003 (as amended and restated on 21 May
2019)

NZX Limited, Level 1, NZX Centre, 11 Cable Street, PO Box 2959, Wellington 6140, New Zealand
Tel +64 4 472 7599, www.nzx.com

Issue Date:
Thursday, 11 July 2019
Registrar:
Computershare Investor Services Limited (RMLT)
Settlement Status:
NZCDC Settlement System
Expected Commencement of
Trading on the NZX Debt
Market:

Friday, 12 July 2019



Mark Peterson
Chief Executive Officer
NZX Limited

19 June 2019