Contact considers green Capital Bond offer
Contact Energy Limited Level 2 Harbour City Tower, 29 Brandon Street, Wellington 6011 | PO Box 10742, Wellington 6143
P: +64 4 499 4001 | F: +64 4 499 4003 | W: contactenergy.co.nz
26 October 2021
Contact considers green Capital Bond offer
Contact Energy Limited (Contact) has today announced that it is considering making an
offer of up to $200 million (with the ability to accept oversubscriptions of up to an additional
$25 million at Contact’s discretion) of unsecured subordinated green capital bonds (Capital
Bonds) to New Zealand retail and institutional investors.
The proceeds of the offer will be used by Contact for the financing and refinancing of
renewable generation and other eligible assets in accordance with the terms of Contact’s
Green Borrowing Programme framework.
It is expected that further details of the offer will be released later this week.
Contact has appointed Craigs Investment Partners Limited and Forsyth Barr Limited as Joint
Arrangers and Joint Lead Managers, and Bank of New Zealand as a Joint Lead Manager, in
relation to the proposed offer.
Interested investors can register their interest with the Joint Lead Managers (details below)
or their usual financial adviser. Indications of interest will not involve an obligation or
commitment of any kind.
No money is currently being sought and no Capital Bonds can be applied for or acquired
until the offer opens. If the proposed offer is made, it will be made in accordance with the
Financial Markets Conduct Act 2013. Application will be made to NZX for any Capital Bonds
to be quoted on the NZX Debt Market on completion of the offer.
Bank of New Zealand Craigs Investment Partners Limited
0800 284 017 0800 226 263
Forsyth Barr Limited
0800 367 227
-ends-
Investor enquiries
Matthew Forbes
Ph +64 21 072 8578
Media enquiries
Paul Ford
paul.ford@contactenergy.co.nz
Ph +64 21 809 589
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.