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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MCY060 GREEN BONDS.

Mercury’s Green Bonds will trade on the NZX Debt Market from 20 June 2023 under the ticker MCY060.

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MCY060 BASICS

  • BBB+ issue credit rating by S&P Global Ratings
  • 5.64% interest rate until 19 June 2028

MCY060 Key Terms

ISSUER Mercury NZ Limited (Mercury).
INSTRUMENT Unsecured, unsubordinated fixed rate green bonds (Green Bonds).
ISSUE CREDIT RATING BBB+ (Mercury has an Issuer Credit Rating of BBB+).
ISSUE AMOUNT NZ $150m
TERM 5 years (maturing 19 June 2028).
INTEREST RATE 5.64% 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 renewable energy and other eligible projects, in accordance with Mercury’s Green Financing Framework.

MORE INFORMATION

FINAL TERMS SHEET
 GREEN FINANCING FRAMEWORK  
CBI CertificatE         
Master Trust Deed
Supplemental trust deed
Roadshow Presentation