Mercury revises indicative margin range for green bond

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The Mercury Building, 33 Broadway, Newmarket 1023

PHONE:
+ 64 9 308 8200
mercury.co.nz
PO Box 90399, Auckland 1142
New Zealand

FAX:
+ 64 9 308 8209



Mercury NZ Limited revises indicative margin range for green bond offer
2 September 2020 - As announced on Friday 21 August 2020, Mercury NZ Limited (Mercury) is offering up to
NZ$150,000,000 (with the ability to accept up to NZ$50,000,000 in oversubscriptions) of 7 year unsecured,
unsubordinated, fixed rate bonds (Green Bonds) to institutional investors and New Zealand retail investors.

Following this, on Monday 31 August 2020, Mercury announced an indicative margin range for the Green Bonds.

Subsequent to that announcement Mercury has today revised the indicative margin range to 1.25% to 1.35% per
annum over the underlying swap rate.

The interest rate for the Green Bonds will be set following a bookbuild process, which is expected to be completed
on Friday 4 September 2020, and announced via NZX shortly thereafter.

Full details of the offer are contained in the Product Disclosure Statement (PDS). The PDS is available through
www.mercury.co.nz/green-bonds or by contacting a Joint Lead Manager or your usual financial adviser, and must
be obtained by investors before they decide to acquire any Green Bonds.



Arranger, Green Bond Co-ordinator and Joint Lead Manager

0800 269 476


Joint Lead Managers

0800 284 017 0800 226 263 0800 367 227

STOCK EXCHANGE LISTINGS: NZX (MCY) / ASX (MCY)

NEWS RELEASE

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ENDS
Howard Thomas
General Counsel and Company Secretary
Mercury NZ Limited

For investor relations queries, please contact:
William Meek
Chief Financial Officer
0275 173 470
For media queries, please contact:
Craig Dowling
Head of Communications
0272 105 337


ABOUT MERCURY NZ LIMITED
Mercury’s mission is energy freedom. Our purpose is to inspire New Zealanders to enjoy energy in more wonderful
ways and our goal is to be New Zealand’s leading energy brand. We focus on our customers, our people, our
partners and our country; maintain a long-term view of sustainability; and promote wonderful choices. Mercury is
energy made wonderful. Visit us at: www.mercury.co.nz