Spark Finance announces refinancing of bank debt facilities

29/05/2026 11:16 NZST, GENERAL

MARKET RELEASE – Friday, 29 May 2026

Spark Finance announces refinancing of bank debt facilities

Spark Finance Limited (“Spark Finance”)1 today announced the refinancing of its bank debt facilities.

This follows a review of Spark’s banking arrangements after the sale of a 75% stake in its data centre business in January 2026, to ensure its funding structure aligns with its simplified operating model, capital requirements, and financial strategy.

As a result, Spark Finance has established a new suite of committed bank facilities totalling NZ$500 million2.

The new facilities replace the previously held bank facilities and will be used for general corporate purposes. This provides appropriate scale, tenor diversification, and flexibility to support Spark’s ongoing liquidity and financing requirements, with a range of maturities of up to 5 years. It does not change the existing undertakings or negative pledge arrangements with Spark Finance’s lenders or bondholders.

This refinancing has no impact on Spark’s FY26 guidance or capital management settings.

Footnotes:

1 Spark Finance is the wholly owned subsidiary of Spark New Zealand Limited (“Spark”) that carries out the borrowing activities for the Spark group.

2 Lenders are ANZ Bank New Zealand Limited, Bank of China Limited, Bank of New Zealand, China Construction Bank Corporation, Commonwealth Bank of Australia, Industrial and Commercial Bank of China Limited, MUFG Bank Ltd, and Westpac New Zealand Limited.

Authorised by:

Rodney Deacon

Finance Lead Partner – Investor Relations and Commercial

For more information contact:

For media queries please contact:

Althea Lovell

Corporate Affairs Lead Partner

(64) 21 222 2992

althea.lovell@spark.co.nz

For investor queries please contact:

Rodney Deacon

Finance Lead Partner – Investor Relations and Commercial

(64) 21 631 074

rodney.deacon@spark.co.nz