Mercury Capital Bond offer - books closed

Thursday 27th June 2024

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

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