Meridian issues Australian $400m Green Medium Term Notes

Release






Meridian Energy Limited (ARBN 151 800 396) A company incorporated in New Zealand
Level 2, 98 Customhouse Quay, Wellington 6011
meridianenergy.co.nz
Stock Exchange Listings NZX (MEL) ASX (MEZ)
Meridian issues Australian $400m Green Medium Term
Notes

31 March 2026


Meridian Energy Limited (Meridian) has today completed an issue of A$400 million fixed rate green
medium term notes under its wholesale Australian Medium Term Note (AMTN) programme.

The notes carry a fixed coupon of 6.214% (with an issue margin over benchmark of 145 basis points)
per annum and mature on 31 March 2033. The proceeds from the new notes will be used by Meridian
for investment in green assets in accordance with its Sustainable Finance Framework.

The issuance was significantly over-subscribed and met Meridian’s objective of maintaining diversity
in its debt investor base. The transaction was open to institutional investors only and has been rated
BBB+ by S&P Global Ratings. Australia and New Zealand Banking Group Limited, Commonwealth
Bank of Australia and Westpac Banking Corporation acted as joint lead managers on the transaction.

ENDS

Authorised for release by:

Jason Woolley
General Counsel and Company Secretary
Meridian Energy Limited


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