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MERCURY NZ LIMITED Capital/Financing Update 2021

Mar 19, 2021

65306_rns_2021-03-19_da05e146-4e42-40e8-a41c-03a1f84823a8.pdf

Capital/Financing Update

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QUOTATION NOTICE: NZX DEBT MARKET MERCURY NZ LIMITED GREEN BONDS (“MCY040”)

Company: Mercury NZ Limited (“MCY”) Security Code: MCY040 ISIN: NZMCYDG004C6 Details of Issue: An offer of $200 million of unsubordinated, unsecured fixed rate green bonds Opening Date: Monday, 15 March 2021 Closing Date: Friday, 19 March 2021 Interest Rate: 2.16% per annum Maturity Date Tuesday, 29 September 2026 Yield Pricing Method (if applicable): N/A Early Call Date (if applicable): N/A Interest Payment Dates: 29 March and 29 September in each year up to and including the maturity date Date of First Interest Payment: Wednesday, 29 September 2021 First Interest Paid To: Holder on Record Date Record Date: 10 calendar days prior to the relevant payment date or, if that date is not a Business Day, the immediately preceding Business Day Minimum Application Amount: $5,000 Minimum Holding: $5,000 Minimum Transferable Amount: $1,000 Face Value: $1.00 per Green Bond Supervisor: The New Zealand Guardian Trust Company Limited Joint Lead Managers: Westpac Banking Corporation (ABN 33 007 457

Westpac Banking Corporation (ABN 33 007 457 141) (acting through its New Zealand branch) as Arranger, Green Bond Co-ordinator for the offer and Joint Lead Manager

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ANZ Bank New Zealand Limited, Craigs Investment Partners Limited and Forsyth Barr Limited as Joint Lead Managers

Trust Deed Dated:

Issue Date:

Registrar: Settlement Status:

Expected Commencement of Trading on the NZX Debt Market:

Supplemental Trust Deed dated Monday, 15 March 2021 Monday, 29 March 2021 Computershare Investor Services Limited NZCDC Settlement System Tuesday, 30 March 2021

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Mark Peterson Chief Executive Officer NZX Limited

19 March 2021

NZX Limited, Level 1, NZX Centre, 11 Cable Street, PO Box 2959, Wellington, New Zealand Tel +64 4 472 7599, Fax +64 4 473 5247, www.nzx.com