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Books closed for retail bond offer

Debt Issuance6 March 2024SPKCommunication Services

Spark Finance Limited
Spark City, 167 Victoria Street West, Private Bag 92028, Auckland, New Zealand




MARKET RELEASE – Thursday, 7 March 2024

Books closed for retail bond offer

Spark Finance Limited has announced that, following a bookbuild for its offer of two series of

unsecured, unsubordinated fixed rate bonds (the 2029 Bonds and the 2031 Bonds, and

together the Bonds), the issue size of the offer has been set at NZ$300 million. The

allocations across the two series of Bonds are:

• NZ$125 million of 2029 Bonds; and

• NZ$175 million of 2031 Bonds.

All of the Bonds, including oversubscriptions, under the offer have been allocated to the

participants (or their clients) in the bookbuild process. There was no public pool for the offer.

The issue margins for the Bonds have been set at:

• 0.85% per annum for the 2029 Bonds; and

• 1.10% per annum for the 2031 Bonds.

The interest rates for the Bonds will be announced later today, with the final terms sheet

released shortly thereafter.

For further details investors can contact the Joint Lead Managers (details below) or their usual

financial advice provider.


Joint Lead Managers

ANZ: 0800 269 476

CBA: 0800 272 266

Westpac: 0800 772 142



- ENDS –

Authorised by:

Chante Mueller

Head of Investor Relations & Insurance




Spark Finance Limited
Spark City, 167 Victoria Street West, Private Bag 92028, Auckland, New Zealand





For more information please contact:


For media queries:

Althea Lovell

Corporate Relations Lead Partner

(64) 21 222 2992

althea.lovell@spark.co.nz


For investor queries:

Chante Mueller

Head of Investor Relations & Insurance

(64) 27 469 3062

chante.mueller@spark.co.nz



About Spark

As New Zealand's largest telecommunications and digital services company, Spark’s purpose is to help

all of New Zealand win big in a digital world. Spark provides mobile, broadband, and digital services to

millions of New Zealanders and thousands of New Zealand businesses.

www.sparknz.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.

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