Heartland Australia Group Issues Australian MTNs

NZX/ASX Release Heartland Australia Group Pty Limited Issues Australian Medium-Term Notes 22 January 2021 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$75 million with a key Australian institutional fixed income investor, arranged with the assistance of Westpac Institutional Bank. This is the third issuance under Heartland Australia's Medium-Term Note programme and takes aggregate outstanding issuance to A$220 million. The issuance further diversifies Heartland Group's funding base and will be initially utilised to create further capacity to fund A$ reverse mortgage loans and associated marketing efforts, assist with new product development and the continued exploration of market opportunities. - Ends - For further information, please contact the person(s) who authorised this announcement: Andrew Dixson Chief Financial Officer M: 021 2632 666 E: Andrew.Dixson@heartland.co.nz Address: Level 3, Heartland House 35 Teed Street Newmarket, Auckland New Zealand End CA:00366549 For:HBL Type:GENERAL Time:2021-01-22 08:31:08