IMPORTANT: NEW LPG CUSTOMERS.

Please note that we are unable to accept any new LPG customers at this time. This is due to a temporary  shortage of LPG bottles. We expect this to be resolved at the start of Feb 2025.

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MCY030 GREEN BONDS.

Mercury’s Green Bonds trade on the NZX Debt Market under the ticker MCY030.
Yellow pencil on a light grey background.

MCY030 BASICS

  • BBB+ issue credit rating by S&P Global Ratings
  • 1.56% interest rate until 14 September 2027

MCY030 KEY TERMS

ISSUER Mercury NZ Limited ("Mercury").
INSTRUMENT Unsecured, unsubordinated fixed rate green bonds ("Green Bonds").
CREDIT RATING Issue Credit Rating: BBB+ (Mercury has an Issuer Credit Rating of BBB+).
ISSUE AMOUNT NZ$200m.
TERM 7 years (maturing 14 September 2027).
INTEREST RATE The Green Bonds will pay a fixed rate of interest from the Issue Date until the Maturity Date. The Interest Rate has been set at 1.56% per annum.
USE OF PROCEEDS The proceeds of the Green Bonds are intended to be earmarked to finance or refinance new or existing projects and expenditures relating to Eligible Projects in accordance with Mercury’s Green Financing Framework. The proceeds are expected to be primarily earmarked to construction of the Turitea windfarm.

MORE INFORMATION

PRODUCT DISCLOSURE STATEMENT (PDS)
View the PDS here
FINAL TERMS SHEET
View here
 GREEN FINANCING FRAMEWORK  
View here
CBI CERTIFICATE
View here
Master Trust Deed
View here
SUPPLEMENTAL TRUST DEED
View here
ROADSHOW PRESENTATION
View here