Vector retail bond offer – books closed
Market Release
18 November 2021
Vector retail bond offer – books closed
Following the successful bookbuild process for its bond offer, Vector Limited (Vector) (NZX:
VCT) confirmed today that the offer has closed and NZ$225 million of bonds (Bonds) have
been allocated to participants (or their clients) in the bookbuild. This includes oversubscriptions
of NZ$25 million, which is 25% of the amount available for oversubscriptions. There was no
public pool for the offer, with all Bonds allocated to clients of the Joint Lead Managers, NZX
Participants and other approved financial intermediaries.
The issue margin for the Bonds has been set at 0.95% per annum and the interest rate will be
announced later today along with the release of the final terms sheet.
For further details investors can contact one of the Joint Lead Managers listed below, or their
usual financial advice provider.
Joint Lead Managers
0800 269 476 0800 226 263 0800 367 227 0800 772 142
ENDS
Investor contact
Jason Hollingworth
Chief Financial Officer
Mobile: 021 312 928
About Vector
Vector is an innovative New Zealand energy company which runs a portfolio of businesses
delivering energy and communication services to more than one million homes and
commercial customers across Australasia and the Pacific. Vector is leading the country in
creating a new energy future through its Symphony strategy which puts customers at the heart
of the energy system. Vector is listed on the New Zealand Stock Exchange with ticker symbol
VCT. Our majority shareholder, with voting rights of 75.1%, is Entrust. For further information,
visit www.vector.co.nz
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.