Sharechat Logo

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

Friday 19th March 2021

Text too small?

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



  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

Fonterra provides milk price, performance, strategy update
Revised Chatham announcement concerning PDAC
23rd June 2022 Morning Report
Greenfern Industries attains important industry certificati
Appointment of Group General Manager Sales & Service
NZME confirms Google agreements
FBU Investor Day FY22 EBIT guidance c.$750m reiterated
Chatham Reports on Multiple Milestones Achieved at PDAC
22nd June 2022 Morning Report
21st June 2022 Morning Report