Standard & Poor’s Outlook Revision

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)
Standard & Poor’s Outlook Revision
10th July 2020
Standard & Poor’s Global Ratings has revised its credit rating outlook for Meridian Energy Limited
(MEL) to BBB+/Negative from BBB+/Stable.
Standard & Poor’s stated that the negative outlook reflects the risk of a challenging operating
environment for the two to three years post the closure of Rio Tinto’s New Zealand Aluminum Smelter
on 31
st
August 2021.
At the same time, Standard & Poor’s affirmed Meridian’s ‘BBB+’ long-term issuer credit rating and ‘A2’
short term issuer credit rating.

ENDS
Neal Barclay
Chief Executive
Meridian Energy Limited


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