Meridian Energy Green Bond offer closes

Following a successful bookbuild process for its offer of 6 year unsecured, unsubordinated, fixed rate green bonds (Green Bonds), Meridian Energy Limited (Meridian) has confirmed that the offer has closed and $300 million of Green Bonds have been allocated to participants (or their clients) involved in the bookbuild process. This includes oversubscriptions of $100 million. There was no public pool for the offer. The Issue Margin for the Green Bonds has been set at 1.05% per annum and the Interest Rate will be announced later today, alongside the release of the final terms sheet. For further details investors can contact one of the Joint Lead Managers (listed below) or their usual financial adviser. Joint Lead Managers: ANZ Bank New Zealand Limited: 0800 269 476 Craigs Investment Partners Limited: 0800 226 263 Forsyth Barr Limited: 0800 367 227 Westpac Banking Corporation (ABN 33 007 457 141) (acting through its New Zealand Branch): 0800 772 142 End CA:00427982 For:MEL Type:OFFER Time:2024-03-14 12:11:49