Meridian Energy sets interest rate for its Green Bond offer
Release
M e r i d i a n E n e r g y L i m i t e d ( A R B N 1 5 1 8 0 0 3 9 6 ) A c o m p a n y i n c o r p o r a t e d i n N e w Z e a l a n d
287-2 9 3 D u r h a m S t r e e t N o r t h , C h r i s t c h u r c h 8 0 1 3
m e r i d i a n e n e r g y . c o . n z
Stock Exchange Listings NZX (MEL) ASX (MEZ)
Meridian Energy sets interest rate for its Green Bond offer
9 March 2023
Meridian Energy Limited (
Meridian
) has today announced that it has set the Interest Rate for its $200
million offer of 5.5 year unsecured, unsubordinated, fixed rate green bonds (
Green Bonds
).
The Interest Rate for the Green Bonds has been set at 5.91% per annum, being the sum of the Issue
Margin of 1.05% per annum and the Base Rate.
The Green Bonds will be issued on Monday, 20 March 2023 and will mature on Wednesday, 20
September 2028.
The Green Bonds will be quoted on the NZX Debt Market under the ticker code MEL060 on Tuesday,
21 March 2023.
A copy of the final terms sheet (updated for the Interest Rate set out above) will be provided to the
NZX.
For further details investors can contact one of the Joint Lead Managers (listed below) or their usual
financial adviser.
Joint Lead Managers:
ANZ Bank New Zealand Limited: 0800 269 476
Bank of New Zealand: 0800 284 017
Craigs Investment Partners Limited: 0800 226 263
Forsyth Barr Limited: 0800 367 227
ENDS
Neal Barclay
Chief Executive Officer
Meridian Energy Limited
For investor relations queries, please contact:
Owen Hackston
Investor Relations Manager
021 246 4772
For media queries, please contact:
Rheilli Uluilelata
External Communications Manager
022 589 1052
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.
Other issuers discussed similar conditions around this time
Matched by meaning across NZX announcement text, not keywords — based on our semantic index of announcement bodies.
- MCY — Mercury NZ Limited: Mercury considers Green Bond offer2023-05-28
“Mercury considers Green Bond offer 29 May 2023 – Mercury NZ Limited (Mercury) is considering making an offer of up to $100 million (with the ability to accept up to an additional $50 million of oversubscriptions at Mercury’s discretion) of 5 year unsecured, unsubordinated fix…”
- MCY — Mercury NZ Limited: Mercury launches retail green bond offer2023-06-05
“Mercury launches retail Green Bond offer 6 June 2023 - Mercury NZ Limited (Mercury) confirmed today that it is offering up to $100 million (with the ability to accept up to an additional $50 million in oversubscriptions at Mercury’s discretion) of 5 year unsecured, unsubordina…”
- CEN — Contact Energy Limited: Contact sets interest rate for its Green Bond offer2023-03-29
“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 Thursday, 30 March 2023 Contact sets interest rate for its Green Bond offer Contact Energ…”