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Meridian Energy sets interest rate for its Green Bond offer

Debt Issuance13 March 2024MELUtilities

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

14 March 2024

Meridian Energy Limited (

Meridian

) has today announced that it has set the Interest Rate for its

$300 million offer of 6 year unsecured, unsubordinated, fixed rate green bonds (

Green Bonds

).

The Interest Rate for the Green Bonds has been set at 5.40% per annum. This is the sum of the Issue

Margin of 1.05% per annum and the Base Rate.

The Green Bonds will be issued on Thursday, 21 March 2024 and will mature on Thursday, 21 March

2030.

The Green Bonds will be quoted on the NZX Debt Market under the ticker code MEL070 on Friday, 22

March 2024.

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

Craigs Investment Partners Limited: 0800 226 263

Forsyth Barr Limited: 0800 367 227

Westpac Banking Corporation (ABN 33 007 457 141) (acting through its New Zealand Branch) 0800

772 142

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:

Philip Clark

Head of Communications


027 838 5710

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.