FIXED RATE BOND OFFER – INTEREST RATE SET

MARKET RELEASE SkyCity Entertainment Group Limited - (SKC.NZX/SKC.AX) FIXED RATE BOND OFFER - INTEREST RATE SET SkyCity Entertainment Group Limited ("SkyCity") today announced that, following the successful bookbuild for its offer of 6 year, unsecured, unsubordinated, fixed rate bonds maturing on 21 May 2027, NZ$175 million of bonds have been allocated to participants in the bookbuild process. There was no public pool for the offer. The interest rate for the bonds has been set at 3.02% per annum. This reflects an issue margin of 1.60% per annum over the underlying swap rate. The bonds are expected to be quoted on the NZX Debt Market under the ticker code SKC050. A copy of the terms sheet (updated for the interest rate set out above) has been provided to NZX with this announcement and that terms sheet and other related documents concerning the bonds are also available through www.skycityentertainmentgroup.com/BondOffer. Details of the offer are contained in SkyCity's Product Disclosure Statement ("PDS"). To obtain a free copy of the PDS for the bonds, investors should contact one of the Joint Lead Managers listed below, or their usual financial adviser. A copy of the PDS is also available at www.skycityentertainmentgroup.com/BondOffer and on the Disclose Register at www.companiesoffice.govt.nz/disclose under SkyCity's offer number OFR13093. There are restrictions on offering, issuing or selling bonds outside New Zealand, as set out in the Disclose Register entry for the offer. For further details investors can contact one of the Joint Lead Managers listed below, or their usual financial adviser. Arranger and Joint Lead Manager Westpac - 0800 772 142 Joint Lead Managers ANZ - 0800 269 476 Commonwealth Bank - 0800 272 266 Craigs - 0800 226 263 Forsyth Barr - 0800 367 227 Jarden - 0800 005 678 ENDS End CA:00372324 For:SKC Type:OFFER Time:2021-05-17 15:39:50