Heartland Australia issues Australian MTNs

NZX/ASX release 16 May 2022 Heartland Australia issues Australian MTNs Heartland Group Holdings Limited (Heartland) (NZX/ASX: HGH) is pleased to announce that its subsidiary Heartland Australia Group Pty Limited (Heartland Australia) (BBB- Outlook: Negative, Fitch Ratings) has completed a senior unsecured bond issuance of A$115 million, arranged with the assistance of Westpac Institutional Bank. This is the sixth issuance under Heartland Australia's Medium-Term Note (MTN) programme and takes aggregate outstanding issuance to A$280 million. The issuance will refinance Heartland Australia's existing A$100 million MTN which matures on 13 May 2022, and provide additional funding for the strong growth being experienced in Heartland's Australian businesses. The transaction launched with indicative volume of A$100 million, with encouraging engagement from a range of both domestic and offshore fixed income investors supporting an upsize to A$115 million. A number of new investors participated in the transaction, providing further diversity to Heartland's Australian funding base. - ENDS - For further information, please contact the person(s) who authorised this announcement: Andrew Dixson Chief Financial Officer 021 263 2666 andrew.dixson@heartland.co.nz Level 3, Heartland House, 35 Teed Street, Newmarket, Auckland, New Zealand For media enquiries, please contact: Nicola Foley Group Head of Communications 027 345 6809 nicola.foley@heartland.co.nz End CA:00392096 For:HBL Type:GENERAL Time:2022-05-16 08:54:30