Mercury Green Bond offer – interest rate set

Mercury NZ Limited (Mercury) today announced that, following a bookbuild for its offer of 5 year unsecured, unsubordinated fixed rate green bonds (Green Bonds), $150 million of Green Bonds have been allocated to participants (or their clients) involved in the bookbuild process. There was no public pool for the offer. The interest rate for the Green Bonds has been set at 5.64% per annum. This reflects an issue margin of 1.05% per annum over the underlying swap rate. The Green Bonds will be issued on 19 June 2023 and will mature on 19 June 2028. The Green Bonds are expected to be quoted on the NZX Debt Market under the ticker code MCY060 on 20 June 2023. A copy of the final terms sheet (updated for the interest rate set out above) will be provided to NZX. For further details investors can contact one of the Joint Lead Managers or their usual financial adviser. Arranger, Green Bond Co-ordinator for this offer and Joint Lead Manager ANZ 0800 269 476 Joint Lead Managers Craigs Investment Partners 0800 226 263 Forsyth Barr 0800 367 227 ENDS Howard Thomas General Counsel and Company Secretary Mercury NZ Limited For investor relations queries, please contact: Paul Ruediger Head of Business Performance & Investor Relations 0275 173 470 investor@mercury.co.nz For media queries, please contact: Shannon Goldstone Head of Communications 027 210 5337 mercurycommunications@mercury.co.nz End CA:00412830 For:MCY Type:OFFER Time:2023-06-09 12:18:36