Spark Finance establishes new committed bank facilities

MARKET RELEASE 2 April 2020 Spark Finance establishes new committed revolving bank facilities Spark Finance Limited, a wholly owned subsidiary of Spark New Zealand Limited that carries out the borrowing activities for the Spark New Zealand group, announced today that effective 2 April 2020 it has established two new committed revolving bank facilities: o NZ$75 million committed revolving facility with Westpac New Zealand Limited; and o NZ$75 million committed revolving facility with ANZ Bank New Zealand Limited ("the Facilities"). These Facilities will mature on 2 October 2021 and proceeds will be used for the refinancing of ?18 million of 5.75% coupon notes maturing on 6 April 2020; and general corporate purposes Authorised by: Alastair White GM Capital Markets - ENDS - For media queries, please contact: Joanne Fullam Corporate Relations Partner +64 (0) 21 145 7701 For investor relations queries, please contact: Alastair White GM Capital Markets +64 (0) 21 228 3855 End CA:00351114 For:SPK Type:GENERAL Time:2020-04-02 08:49:49