Heartland Australia issues Australian MTNs

Heartland Group Holdings Limited | NZX/ASX: HGH | PO Box 9919, Newmarket, Auckland 1149 | shareholders.heartland.co.nz

NZX/ASX release
16 May 2022

Heartland Australia issues Australian MTNs

Heartland Group Holdings Limited (Heartland) (NZX/ASX: HGH) is pleased to announce that its
subsidiary Heartland Australia Group Pty Limited (Heartland Australia) (BBB- Outlook: Negative,
Fitch Ratings) has completed a senior unsecured bond issuance of A$115 million, arranged with the
assistance of Westpac Institutional Bank.

This is the sixth issuance under Heartland Australia’s Medium-Term Note (MTN) programme and
takes aggregate outstanding issuance to A$280 million.

The issuance will refinance Heartland Australia’s existing A$100 million MTN which matures on 13
May 2022, and provide additional funding for the strong growth being experienced in Heartland’s
Australian businesses.

The transaction launched with indicative volume of A$100 million, with encouraging engagement
from a range of both domestic and offshore fixed income investors supporting an upsize to A$115
million. A number of new investors participated in the transaction, providing further diversity to
Heartland’s Australian funding base.

– ENDS –

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

Andrew Dixson
Chief Financial Officer
021 263 2666
andrew.dixson@heartland.co.nz
Level 3, Heartland House, 35 Teed Street, Newmarket, Auckland, New Zealand


For media enquiries, please contact:

Nicola Foley
Group Head of Communications
027 345 6809
nicola.foley@heartland.co.nz