Contact considers retail Green 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
Monday, 19 September 2022
Contact considers retail Green Bond offer
Contact Energy Limited (Contact) has today announced that it is considering making an
offer of 5.5-year fixed rate, unsecured, unsubordinated green bonds (Green Bonds) to
institutional investors and New Zealand retail investors.
It is expected that full details of the offer will be released on Tuesday, 27 September 2022,
when the offer is expected to open.
Contact has an Issuer Credit Rating from S&P Global Ratings of BBB (stable outlook). The
Green Bonds are to be assigned an Issue Credit Rating of BBB.
The proceeds of the offer will be used by Contact for the financing and refinancing of
renewable generation and other eligible green assets in accordance with the terms of
Contact’s Green Borrowing Programme Framework.
Contact has appointed Bank of New Zealand as Arranger and Joint Lead Manager, and ANZ
Bank New Zealand Limited, Craigs Investment Partners Limited and Forsyth Barr Limited as
Joint Lead Managers in relation to the proposed offer.
Investors can register their interest in the proposed offer by contacting one of the Joint Lead
Managers (listed below) or their usual financial adviser. Indications of interest will not
constitute an obligation or commitment of any kind.
No money is currently being sought and no Green 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 as an offer of debt securities of the same class as
existing quoted debt securities. Application will be made to NZX for any Green Bonds to be
quoted on the NZX Debt Market on completion of the offer.
ANZ Bank New Zealand Bank of New Zealand
0800 269 476 0800 284 017
Craigs Investment Partners Limited Forsyth Barr Limited
0800 226 263 0800 367 227
-ends-
Investor enquiries
Matthew Forbes
Ph +64 21 072 8578
Media enquiries
Leah Chamberlin-Gunn
leah.chamberlin-gunn@contactenergy.co.nz
Ph +64 21 227 7991
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.
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