Meridian Energy sets interest rate for its Green Bond offer
Release
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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
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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.