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Spark Finance extends Westpac Sustainability-Linked Loan

Friday 27th October 2023

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Spark Finance Limited, the wholly owned subsidiary of Spark New Zealand Limited (“Spark”) that carries out the borrowing activities for the Spark group, announced today that it has extended the term of its NZ$200 million committed revolving sustainability-linked loan facility with Westpac New Zealand Limited (“Facility”) by three years, to mature on 30 November 2026. The extension utilises the same sustainability performance targets that were established over a five year horizon and externally verified at the inception of the Facility in November 2021.

 

The Facility will be used for general corporate purposes.

 

-ENDS-

 

Authorised by:

Chante Mueller

Head of Investor Relations & Insurance

 

For more information please contact:

 

For media queries:

Althea Lovell

Corporate Relations Lead Partner

(64) 21 222 2992

althea.lovell@spark.co.nz

For investor queries:

Chante Mueller

Head of Investor Relations & Insurance

(64) 27 469 3062

chante.mueller@spark.co.nz

About Spark

As New Zealand's largest telecommunications and digital services company, Spark’s purpose is to help all of New Zealand win big in a digital world. Spark provides mobile, broadband, and digital services to millions of New Zealanders and thousands of New Zealand businesses.

www.sparknz.co.nz



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