Auckland Council issue size and interest rate determined

Media release 15 October 2021 Auckland Council issue size and interest rate determined Following a successful bookbuild process for its green bond offer, Auckland Council announced today that the offer had closed and NZ$300,000,000 of secured, unsubordinated six year fixed rate green bonds (Green Bonds) had been allocated to the participants (or their clients) in the bookbuild process. There was no public pool for the offer. The interest rate for the Green Bonds will be 2.411 per cent per annum, which reflects a margin of 0.32 per cent over the underlying base rate. The Green Bonds will be issued on 20 October 2021 and will mature on 20 October 2027. The Green Bonds are expected to be quoted on the NZX Debt Market under the ticker code "AKC140". The final Terms Sheet will follow. Ends For assistance, please contact: Isabelle Walker Senior Specialist, Corporate Communications and Media Mobile: +64 27 316 3498 Email: Isabelle.walker1@aucklandcouncil.govt.nz Auckland Council, Level 23, 135 Albert Street, Auckland End CA:00381055 For:AKC Type:OFFER Time:2021-10-15 15:07:53