Quotation Notice - Mercury NZ Limited ("MCY070")

QUOTATION NOTICE: NZX DEBT MARKET
MERCURY NZ LIMITED (NS) (“MCY070”)
NZX Limited, Level 1, NZX Centre, 11 Cable Street, PO Box 2959, Wellington 6140, New Zealand
Tel +64 4 472 7599, www.nzx.com


Company:
Mercury NZ Limited (NS) (“MCY”)
Security Code:
MCY070
ISIN:
NZMCYDG007C9
Details of Issue:
NZ$350 million unsecured, subordinated, interest bearing capital
bonds
Offer Opening Date:
Monday, 24 June 2024
Offer Closing Date:
Thursday, 27 June 2024
Maturity Date:
Interest Rate:
Saturday, 11 July 2054
6.42% per annum
Rate Reset Date:
The First Reset Date is 11 July 2029. Thereafter there is a further
Reset Date every five years.
Interest Payment Dates:
11 January, 11 April, 11 July, and 11 October of each year up to
(and including) the Maturity Date
Date of First Interest Payment:
Friday, 11 October 2024
First Interest Paid To:

Record Date:
Holder on Record Date

10 calendar days before the relevant Interest Payment Date, or if
that date is not a business day, the immediately preceding
business day
Minimum Application Amount:
NZ$5,000

Minimum Holding:

Minimum Transferable Amount:

NZ$5,000

NZ$1,000
Face Value:
Supervisor:
NZ$1.00 per capital bond

The New Zealand Guardian Trust Company Limited

Joint Lead Managers:
Bank of New Zealand, Craigs Investment Partners Limited and
Forsyth Barr Limited

Trust Deed Dated:

Monday, 24 June 2024
Issue Date:
Thursday, 11 July 2024
Registrar:
Computershare Investor Services Limited (“RMLT”)

NZX Limited, Level 1, NZX Centre, 11 Cable Street, PO Box 2959, Wellington 6140, New Zealand
Tel +64 4 472 7599, www.nzx.com

Settlement Status:
NZCDC Settlement System
Expected Commencement of
Trading on the NZX Debt
Market:

Friday, 12 July 2024


Mark Peterson
Chief Executive Officer
NZX Limited

27 06 2024