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S&P reaffirms Meridian’s BBB+ corporate credit rating

Credit Rating25 June 2020MELUtilities

Release






M e r i d i a n E n e r g y L i m i t e d ( A R B N 1 5 1 8 0 0 3 9 6 ) A c o m p a n y i n c o r p o r a t e d i n N e w Z e a l a n d

L e v e l 2 , 5 5 L a d y E l i z a b e t h L a n e , P O B o x 1 0 8 4 0 , W e l l i n g t o n 6 1 4 3


m e r i d i a n e n e r g y . c o . n z

Stock Exchange Listings NZX (MEL) ASX (MEZ)

S&P reaffirms Meridian Energy’s BBB+ corporate credit

rating

25 June 2020

Ratings agency Standard & Poor’s has reaffirmed Meridian Energy’s corporate credit rating as BBB+/Stable/A-2.

This includes the current one-notch uplift from the Company’s stand-alone rating of ‘bbb’, reflecting the majority

ownership of the New Zealand Government.


ENDS

Neal Barclay

Chief Executive

Meridian Energy Limited


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