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
No comments yet
September 15h Morning Report
Tower updates FY25 guidance
September 12h Morning Report
Scott Unveils Strategy and Delivers FY25 Trading Update
September 11h Morning Report
Devon Funds Morning Note - 10 September 2025
ArborGen FY26 Guidance and Market Opportunities
BGP - Half Year Results to 27 July 2025
SkyCity Completes Retail Entitlement Offer
AIA - Annual Meeting and Nomination of Directors