Announcement

GENERAL: HBL: Heartland Australia Establishes Australian MTN Programme 02:43p.m. 
HBL  
15/03/2019 14:43  
GENERAL  
NOT PRICE SENSITIVE  
REL: 1443 HRS Heartland Bank Limited  
 
GENERAL: HBL: Heartland Australia Establishes Australian MTN Programme  
 
NZX/ASX Release  
 
Heartland Australia Group Pty Limited Establishes Australian Medium-Term Note  
Programme  
 
15 March 2019  
 
Heartland Group Holdings Limited (NZX/ASX: HGH) (Heartland Group) is pleased  
to announce that its subsidiary Heartland Australia Group Pty Limited  
(Heartland Australia) (BBB- stable Fitch Ratings) has established an  
Australian Dollar (A$) Medium-Term Note Programme (Programme), and has  
completed its inaugural senior unsecured bond placement of A$50 million with  
a key Australian institutional fixed income investor, arranged with the  
assistance of Westpac Institutional Bank.  
 
The Programme and inaugural issuance further diversify the funding options of  
Heartland Australia and enables the opportunity to service the capital needs  
of the Heartland Group, including New Zealand subsidiary, Heartland Bank  
Limited. The proceeds of the first issuance will initially be utilised as  
capacity to fund A$ reverse mortgage loans.  
 
- Ends -  
 
For further information, please contact:  
 
Jeff Greenslade  
Chief Executive Officer  
021 563 5493  
jeff.greenslade@heartland.co.nz  
End CA:00332034 For:HBL Type:GENERAL Time:2019-03-15 14:43:17