Heartland Australia Group Pty Limited Issues A$ MTN

NZX/ASX Release Heartland Australia Group Pty Limited Issues Australian Medium-Term Notes 14 November 2019 Heartland Group Holdings Limited (NZX/ASX: HGH) (Heartland Group) is pleased to announce that its subsidiary Heartland Australia Group Pty Limited (Heartland Australia) (BBB- stable Fitch Ratings) has completed a senior unsecured bond placement of A$100 million with a key Australian institutional fixed income investor, arranged with the assistance of Westpac Institutional Bank. The issuance continues expansion of Heartland Australia's Medium-Term Note programme following the programme's inaugural A$50 million issuance in March 2019 and further diversifies Heartland Group's funding base. The proceeds will be initially utilised to create further capacity to fund A$ reverse mortgage loans and as seed funding for the planned launch of Heartland Australia's online SME lending platform "Open for Business Australia". - Ends - For further information, please contact: Andrew Dixson Head of Corporate Finance 021 2632 666 andrew.dixson@heartland.co.nz End CA:00344296 For:HGH Type:GENERAL Time:2019-11-14 09:47:07