Meridian Energy Green Bond offer closes

04/09/2025 13:04 NZST, OFFER

Following a successful bookbuild process for its offer of 6.5 year unsecured, unsubordinated, fixed rate green bonds (Green Bonds), Meridian Energy Limited (Meridian) has confirmed that the offer has closed and $350 million of Green Bonds have been allocated to participants (or their clients)involved in the bookbuild process. This includes oversubscriptions of $100 million. There was no public pool for the offer.

The Issue Margin for the Green Bonds has been set at 1.00% per annum and the Interest Rate will be announced later today along with the release of the final terms sheet.

For further details investors can contact one of the Joint Lead Managers (listed below) or their usual financial advice provider.

Joint Lead Managers:

Bank of New Zealand: 09 924 9602

Craigs Investment Partners Limited: 0800 272 442

Forsyth Barr Limited: 0800 367 227

Westpac Banking Corporation (ABN 33 007 457 141) (acting through its New Zealand Branch): 0800

772 142