Announcement
GENERAL: CEN: Contact considers green Capital Bond offer
08:53am
CEN
26/10/2021 08:53
GENERAL
NOT PRICE SENSITIVE
REL: 0853 HRS Contact Energy Limited
GENERAL: CEN: Contact considers green Capital Bond offer
26 October 2021
Contact considers green Capital Bond offer
Contact Energy Limited (Contact) has today announced that it is considering
making an offer of up to $200 million (with the ability to accept
oversubscriptions of up to an additional $25 million at Contact's discretion)
of unsecured subordinated green capital bonds (Capital Bonds) to New Zealand
retail and institutional investors.
The proceeds of the offer will be used by Contact for the financing and
refinancing of renewable generation and other eligible assets in accordance
with the terms of Contact's Green Borrowing Programme framework.
It is expected that further details of the offer will be released later this
week.
Contact has appointed Craigs Investment Partners Limited and Forsyth Barr
Limited as Joint Arrangers and Joint Lead Managers, and Bank of New Zealand
as a Joint Lead Manager, in relation to the proposed offer.
Interested investors can register their interest with the Joint Lead Managers
(details below) or their usual financial adviser. Indications of interest
will not involve an obligation or commitment of any kind.
No money is currently being sought and no Capital Bonds can be applied for or
acquired until the offer opens. If the proposed offer is made, it will be
made in accordance with the Financial Markets Conduct Act 2013. Application
will be made to NZX for any Capital Bonds to be quoted on the NZX Debt Market
on completion of the offer.
Bank of New Zealand
0800 284 017
Craigs Investment Partners Limited
0800 226 263
Forsyth Barr Limited
0800 367 227
-ends-
Investor enquiries
Matthew Forbes
Ph +64 21 072 8578
Media enquiries
Paul Ford
paul.ford@contactenergy.co.nz
Ph +64 21 809 589
End CA:00381531 For:CEN Type:GENERAL Time:2021-10-26 08:53:26
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