S&P reaffirms Mercury’s BBB+ corporate credit rating

Ratings agency Standard & Poor's has confirmed Mercury's corporate credit rating as BBB+/Stable in a report published today. This rating includes a one-notch uplift from the company's stand-alone rating of 'bbb', reflecting the legislated majority ownership by the New Zealand government. ENDS For further information: Media - Craig Dowling 0272 105 337 Investors - Tim Thompson 0275 173 470 End CA:00345281 For:MCY Type:CREDIT Time:2019-12-02 13:16:37