Mercury Capital Bond offer - books closed

Following the successful bookbuild process for its capital bond offer, Mercury NZ Limited (Mercury) confirmed today that the offer has closed and $350 million of capital bonds (Capital Bonds) have been allocated to the participants (or their clients) in the bookbuild process. This includes oversubscriptions of $50 million. There was no public pool for the offer.

The margin for the Capital Bonds has been set at 2.00% per annum and the interest rate for the Capital Bonds to the First Reset Date (11 July 2029) will be announced later today along with the release of the final terms sheet.

For further details investors can contact the Joint Lead Managers (details below) or their usual financial adviser.

Joint Lead Managers

BNZ - 0800 284 017

Craigs Investment Partners - 0800 226 263

Forsyth Barr - 0800 367 227

ENDS

•  Mercury Capital Bond offer – books closed

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.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

TGG - Response to media speculation
ARB - Annual Meeting Date and Director Nominations
CNU - Q4 FY25 Connections Update
MOVE FY25 Results and Investor Briefing 29 August 2025
RYM - First quarter trading update
July 11th Morning Report
IKE Announces equity raising of A$20 million
Chorus full year results date
FPH 2025 Notice of Annual Meeting and Voting Form
July 10th Morning Report