Meridian Energy Limited (Meridian) is considering making an offer of up to NZ$150,000,000 (with the ability to
accept up to NZ$50,000,000 of oversubscriptions at Meridian’s discretion) of seven year unsecured,
unsubordinated fixed rate bonds (Bonds) to institutional and New Zealand retail investors.
It is expected that full details of the offer will be released the week beginning 11 June 2018, when the offer is expected to open.
Meridian has appointed ANZ Bank New Zealand Limited and Westpac Banking Corporation (acting through its New Zealand branch) as Joint Lead Managers and Deutsche Craigs Limited and Forsyth Barr Limited as Co-Managers in relation to the Bond offer.
Investors can register their interest in the offer by contacting a Joint Lead Manager or a Co-Manager as detailed below, or their financial advisor. Indications of interest will not constitute an obligation or commitment of any kind.
No money is currently being sought and applications for the Bonds cannot currently be made. If Meridian offers the Bonds, the offer will be made in accordance with the Financial Markets Conduct Act 2013. The Bonds are expected to be quoted on the NZX Debt Market.
Meridian Energy Limited
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