Spark Finance establishes new committed bank facilities
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
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
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