Spark Finance extends standby facility
Spark Finance Limited
Spark City, 167 Victoria Street West, Private Bag 92028, Auckland, New Zealand
MARKET RELEASE
31 March 2020
Spark Finance extends standby facility
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 that it has extended the term of its NZ$200 million committed standby
revolving credit facility (“Standby”) by one year, to mature on 30 April 2023, with a
commitment stepdown to NZ$167 million for the period from 1 May 2022 to 30 April
2023.
The Standby is provided through participation from Australasian and global banks.
Authorised by:
Alastair White
GM Capital Markets
- ENDS –
For media queries, please contact:
Joanne Fullam
Corporate Relations Partner
+64 (0) 21 145 7701
For investor relations queries, please contact:
Alastair White
GM Capital Markets
+64 (0) 21 228 3855
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