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Spark Finance extends SLL and establishes new Facility

Debt Issuance28 November 2024SPKCommunication Services

Spark New Zealand Limited
ARBN 050 611 277 Spark City, 167 Victoria Street West, Private Bag 92028, Auckland, New Zealand





MARKET RELEASE – THURSDAY, 28 NOVEMBER 2024

EMBARGOED UNTIL [DATE] [delete this row if not required]

Spark Finance extends Sustainability Linked Loan

and establishes new Facility


Spark Finance Limited (“Spark Finance”), the wholly owned subsidiary of Spark New Zealand

Limited (“Spark”) that carries out the borrowing activities for the Spark group, announced today

that it has:

• extended the term of its NZ$100 million committed revolving sustainability linked loan

facility with Commonwealth Bank of Australia (the “SLL”) by three years, to mature on 30

November 2027; and

• established a NZ$100 million committed revolving facility with Commonwealth Bank of

Australia (the “Facility”), to mature on 28 May 2025.


Spark Finance’s SLL has a dual focus on Spark’s environmental and gender diversity

performance. For the SLL extension, the gender representation target has been replaced with a

median gender pay gap target. The environmental targets remain unchanged.


The SLL will be verified by Det Norske Veritas to ensure it aligns with the 2023 APLMA

Sustainability Linked Loan Principles as a condition subsequent.


The SLL and Facility will be used for general corporate purposes.



Authorised by:

Stefan Knight

Finance Director



For media queries please contact:

Althea Lovell

Corporate Relations Lead Partner

(64) 21 222 2992

althea.lovell@spark.co.nz


For investor queries please contact:

Stefan Knight

Finance Director

(64) 27 252 9438

stefan.knight@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

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