Spark Finance announces refinancing of bank debt facilities

Spark Finance Limited
Level 1, 50 Albert Street, Private Bag 92028, Auckland, New Zealand



MARKET RELEASE – Friday, 29 May 2026



Spark Finance announces refinancing of bank debt facilities
Spark Finance Limited (“Spark Finance”)
1
today announced the refinancing of its bank debt facilities.
This follows a review of Spark’s banking arrangements after the sale of a 75% stake in its data centre
business in January 2026, to ensure its funding structure aligns with its simplified operating model,
capital requirements, and financial strategy.
As a result, Spark Finance has established a new suite of committed bank facilities totalling NZ$500
million
2
.
The new facilities replace the previously held bank facilities and will be used for general corporate
purposes. This provides appropriate scale, tenor diversification, and flexibility to support Spark’s ongoing
liquidity and financing requirements, with a range of maturities of up to 5 years. It does not change the
existing undertakings or negative pledge arrangements with Spark Finance’s lenders or bondholders.
This refinancing has no impact on Spark’s FY26 guidance or capital management settings.


Footnotes:

1
Spark Finance is the wholly owned subsidiary of Spark New Zealand Limited (“Spark”) that carries out
the borrowing activities for the Spark group.

2
Lenders are ANZ Bank New Zealand Limited, Bank of China Limited, Bank of New Zealand, China
Construction Bank Corporation, Commonwealth Bank of Australia, Industrial and Commercial Bank of
China Limited, MUFG Bank Ltd, and Westpac New Zealand Limited.


Authorised by:
Rodney Deacon
Finance Lead Partner – Investor Relations and Commercial


For more information contact:

For media queries please contact:
Althea Lovell
Corporate Affairs Lead Partner
(64) 21 222 2992
althea.lovell@spark.co.nz


For investor queries please contact:
Rodney Deacon
Finance Lead Partner – Investor Relations and Commercial
(64) 21 631 074
rodney.deacon@spark.co.nz