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Spark Finance establishes new committed bank facilities

Debt Issuance1 April 2020SPKCommunication Services

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



MARKET RELEASE

2 April 2020


Spark Finance establishes new committed revolving

bank facilities



Spark Finance Limited, a wholly owned subsidiary of Spark New Zealand Limited that

carries out the borrowing activities for the Spark New Zealand group, announced

today that effective 2 April 2020 it has established two new committed revolving

bank facilities:

• NZ$75 million committed revolving facility with Westpac New Zealand

Limited; and

• NZ$75 million committed revolving facility with ANZ Bank New Zealand

Limited (“the Facilities”).


These Facilities will mature on 2 October 2021 and proceeds will be used for the

refinancing of £18 million of 5.75% coupon notes maturing on 6 April 2020; and

general corporate purposes



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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