Mercury Green Bond offer – interest rate set

STOCK EXCHANGE LISTINGS: NZX (MCY) / ASX (MCY)

NEWS RELEASE

Mercury Green Bond offer – interest rate set

9 JUNE 2023 – Mercury NZ Limited (Mercury) today announced that, following a bookbuild for its offer of 5 year
unsecured, unsubordinated fixed rate green bonds (Green Bonds), $150 million of Green Bonds have been
allocated to participants (or their clients) involved in the bookbuild process. There was no public pool for the offer.

The interest rate for the Green Bonds has been set at 5.64% per annum. This reflects an issue margin of 1.05% per
annum over the underlying swap rate.

The Green Bonds will be issued on 19 June 2023 and will mature on 19 June 2028.

The Green Bonds are expected to be quoted on the NZX Debt Market under the ticker code MCY060 on 20 June
2023.

A copy of the final terms sheet (updated for the interest rate set out above) will be provided to NZX.

For further details investors can contact one of the Joint Lead Managers or their usual financial adviser.

Arranger, Green Bond Co-ordinator for this offer and Joint Lead Manager



0800 269 476

Joint Lead Managers



0800 226 263 0800 367 227


ENDS
Howard Thomas
General Counsel and Company Secretary
Mercury NZ Limited

For investor relations queries, please contact:
Paul Ruediger
Head of Business Performance & Investor Relations
0275 173 470
investor@mercury.co.nz
For media queries, please contact:
Shannon Goldstone
Head of Communications
027 210 5337
mercurycommunications@mercury.co.nz

ABOUT MERCURY NZ LIMITED
Mercury generates electricity from 100% renewable sources: hydro, geothermal and wind.
We are also a retailer of electricity, gas, broadband and mobile services.
We’re listed on the New Zealand Stock Exchange and the Australian Stock Exchange with the ticker symbol ‘MCY’,
with foreign exempt listed status. The New Zealand Government holds a legislated minimum 51% shareholding in
the Company.
Visit us at: www.mercury.co.nz