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Mercury NZ Limited (NZX: MCY) Green Bond Offer Interest Rate Set

Friday 19th March 2021

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Mercury NZ Limited today announced that, following a bookbuild for its offer of 5.5 year unsecured, unsubordinated fixed rate green bonds (Green Bonds), $200 million of Green Bonds have been allocated to participants (or their clients) in the bookbuild process. There was no public pool for the offer.

The interest rate for the Green Bonds has been set at 2.16% per annum. This reflects a margin of 0.85% per annum over the underlying swap rate.

The Green Bonds will be issued on 29 March 2021 and will mature on 29 September 2026.

The Green Bonds are expected to be quoted on the NZX Debt Market under the ticker code MCY040.

Please see the link below for details:

Mercury green bond offer – interest rate set

Final Terms Sheet

Source: Mercury NZ Limited



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