Offer closed for 5-year retail green bond

Media release 20 September 2023 Offer closed for 5-year retail green bond Following a successful bookbuild process for its green bond offer, Auckland Council confirmed today that the offer of green bonds maturing on 27 September 2028 has closed and NZ$300,000,000 of secured, unsubordinated five year fixed rate green bonds have been allocated to the participants (or their clients) in the bookbuild process. There was no public pool for the offer. The issue margin for the green bonds has been set at 0.65 per cent per annum and the interest rate will be announced later today, with the final Terms Sheet to follow. Ends For assistance, please contact: Priscilla Southcombe, Senior Specialist Corporate Communications and Media, Mobile: +64 27 290 9934 Email: priscilla.southcombe@aucklandcouncil.govt.nz End CA:00418564 For:AKC Type:OFFER Time:2023-09-20 11:37:15