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

18 November 2020 - S&P Global Ratings has confirmed Mercury's corporate credit rating as BBB+/Stable in a report published 17 November 2020. This rating includes a one notch uplift to reflect the legislated majority ownership by the New Zealand government. ENDS For further information: Investors - Tim Thompson 0275 173 470 Media - Craig Dowling 0272 105 337 End CA:00363403 For:MCY Type:CREDIT Time:2020-11-18 09:51:28