Meridian Energy sets interest rate for its Green Bond offer

04/09/2025 13:41 NZST, OFFER

Meridian Energy Limited (Meridian) has today announced that it has set the Interest Rate for its $350 million offer of 6.5 year unsecured, unsubordinated, fixed rate green bonds (Green Bonds).

The Interest Rate for the Green Bonds has been set at 4.55% per annum. This is the sum of the Issue Margin of 1.00% per annum and the Base Rate.

The Green Bonds will be issued on Thursday, 11 September 2025 and will mature on Thursday, 11 March 2032.

The Green Bonds will be quoted on the NZX Debt Market under the ticker code MEL080 on Friday,12 September 2025.

A copy of the final terms sheet (updated for the Interest Rate set out above) will be provided to NZX.

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