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, 20 March 2023
Contact considers retail Green Bond offer
Contact Energy Limited (Contact) has today announced that it is considering making an
offer of 6-year fixed rate, unsecured, unsubordinated green bonds (Green Bonds) to
institutional investors and New Zealand retail investors, subject to market conditions.
It is expected that full details of the offer will be released during the week beginning Monday,
27 March 2023, 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 expected 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 Sustainable Finance Framework.
Contact has appointed ANZ Bank New Zealand Limited as Arranger and Joint Lead
Manager, and Bank of New Zealand, 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 Limited 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
Shelley Hollingsworth
Investor Relations and Strategy Manager
+64 21 072 8578
shelley.hollingsworth@contactenergy.co.nz
Media enquiries
Louise Wright
Head of Communications and Reputation
+64 21 840 313
louise.wright@contactenergy.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.
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.
- MEL — Meridian Energy Limited: Meridian Energy considers Green Bond Offer2023-02-26
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- MEL — Meridian Energy Limited: Meridian Energy launches retail Green Bond offer2023-03-05
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- KPG — Kiwi Property: Kiwi Property Green Bond Offer – Interest Rate Set2023-03-17
“Kiwi Property Final Terms Sheet 9 Directory Issuer Kiwi Property Group Limited Level 7, Vero Centre 48 Shortland Street AUCKLAND 1010 Telephone: +64 9 359 4000 Email: info@kp.co.nz Supervisor Public Trust SAP Tower Level 16 151 Queen Street AUCKLAND 1010 Telephone: 0800 371 4…”