Meridian Energy considers retail bond offer

Meridian Energy Limited (Meridian) is considering making an offer of up to NZ$100,000,000 unsecured, unsubordinated fixed rate bonds (Bonds) to institutional and New Zealand retail investors, with the ability to accept up to NZ$50,000,000 oversubscriptions at Meridian’s discretion.

It is expected that full details of the offer will be released in early March, when the offer is expected to open.

Meridian has appointed ANZ Bank New Zealand as Lead Manager and First NZ Capital and Forsyth Barr as Co-Managers in relation to the Bond offer.

Investors can register their interest in the offer by contacting the Lead Manager or Co-Managers 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.

Lead manager

Co-manager

Co-manager

ANZ
Phone: 0800 269 476

First NZ Capital
Phone: 0800 005 678

Forsyth Barr
Phone 0800 367 227

For investor relations queries, please contact:

For media queries, please contact:

Owen Hackston

Investor Relations Manager
021 246 4772

Philippa Norman

External Communications
04 806 4607