Heartland Australia Group Issues Australian MTNs

NZX/ASX Release


Heartland Australia Group Pty Limited Issues Australian Medium-Term Notes

22 January 2021

Heartland Group Holdings Limited (NZX/ASX: HGH) (Heartland Group) is pleased to announce that its
subsidiary Heartland Australia Group Pty Limited (Heartland Australia) (BBB- stable Fitch Ratings) has
completed a senior unsecured bond placement of A$75 million with a key Australian institutional fixed
income investor, arranged with the assistance of Westpac Institutional Bank.

This is the third issuance under Heartland Australia’s Medium-Term Note programme and takes
aggregate outstanding issuance to A$220 million.

The issuance further diversifies Heartland Group’s funding base and will be initially utilised to create
further capacity to fund A$ reverse mortgage loans and associated marketing efforts, assist with new
product development and the continued exploration of market opportunities.


- Ends -

For further information, please contact the person(s) who authorised this announcement:

Andrew Dixson
Chief Financial Officer
M: 021 2632 666
E: Andrew.Dixson@heartland.co.nz

Address:
Level 3, Heartland House
35 Teed Street
Newmarket, Auckland
New Zealand