Spark Finance successfully prices A$125 million issue

Spark New Zealand Limited
ARBN 050 611 277 Spark City, 167 Victoria Street West, Private Bag 92028, Auckland, New Zealand


MARKET RELEASE
11 September 2019

Spark Finance successfully prices A$125 million issue

Spark Finance Limited, the wholly owned subsidiary of Spark New Zealand Limited
(“Spark”) that carries out the borrowing activities for the Spark group, has
announced it has successfully priced an issue of A$125 million 10.5 year fixed rate
bonds under Spark’s existing Australian debt issuance programme. The bonds will
be issued on 18 September 2019 and mature on 18 March 2030.

Spark has swapped the A$125 million issuance into New Zealand dollars equating to
NZ$134 million.

These funds will be used to refinance upcoming debt maturities and for general
corporate purposes.

The issue is expected to be rated A- by S&P Global.

Australia and New Zealand Banking Group Limited (“ANZ”) and Westpac Banking
Corporation (“Westpac”) were joint lead managers for the transaction.

- ENDS –
For media queries, please contact:
Andrew Pirie
Corporate Relations Lead
+64 (0) 27 555 0275

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