Ryman closes its retail bond offer

11/06/2026 13:19 NZST, OFFER

Following a successful bookbuild process for its offer (Offer) of 6 year fixed rate, secured, unsubordinated bonds (Bonds), Ryman Healthcare Limited (Ryman) (NZX: RYM) has confirmed today that the Offer has closed and NZ$150 million of Bonds have been allocated to participants (or their clients) involved in the bookbuild process. This includes oversubscriptions of NZ$50 million. There was no public pool for the Offer.

The issue margin for the Bonds has been set at 1.80% per annum and the interest rate will be announced later today along with the release of the final terms sheet.

The bookbuild saw strong demand across both retail and institutional investors with total demand of $445.3 million at the issue margin of 1.80%, representing approximately three times coverage of the offer size (inclusive of oversubscriptions).

CEO Naomi James said: “We’re very pleased with the breadth of demand from both existing and new bondholders. This offer has re‑established Ryman as a repeat issuer in the bond market, and we look forward to returning to the market in the future as we continue to diversify our funding sources.”

For further details, investors can contact their usual financial adviser.

Arranger and Joint Lead Manager

ANZ Bank New Zealand Limited

Joint Lead Managers

Craigs Investment Partners Limited

Forsyth Barr Limited

Westpac Banking Corporation (ABN 33 007 457 141) (acting through its New Zealand branch)

ENDS

Authorised by

Morgan Powell

General Counsel