Announcement
GENERAL: SPF: Spark Finance extends standby facility
04:22pm
SPF
31/03/2020 16:22
GENERAL
NOT PRICE SENSITIVE
REL: 1622 HRS Spark Finance Limited
GENERAL: SPF: Spark Finance extends standby facility
MARKET RELEASE
31 March 2020
Spark Finance extends standby facility
Spark Finance Limited, the wholly owned subsidiary of Spark New Zealand
Limited ("Spark") that carries out the borrowing activities for the Spark
group, announced today that it has extended the term of its NZ$200 million
committed standby revolving credit facility ("Standby") by one year, to
mature on 30 April 2023, with a commitment stepdown to NZ$167 million for the
period from 1 May 2022 to 30 April 2023.
The Standby is provided through participation from Australasian and global
banks.
Authorised by:
Alastair White
GM Capital Markets
- ENDS -
For media queries, please contact:
Joanne Fullam
Corporate Relations Partner
+64 (0) 21 145 7701
For investor relations queries, please contact:
Alastair White
GM Capital Markets
+64 (0) 21 228 3855
End CA:00351002 For:SPF Type:GENERAL Time:2020-03-31 16:22:55
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