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Contact considers retail Green Bond offer

Debt Issuance18 September 2022CENUtilities

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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