Ann: CREDIT: MRP010: S&P reaffirms Mighty River Power's BBB+ rating

• Release Date: 23/12/15 15:33
• Summary: CREDIT: MRP010: S&P reaffirms Mighty River Power's BBB+ rating
• Price Sensitive: No
• Download Document  817B

					MRP
23/12/2015 15:33
CREDIT
PRICE SENSITIVE
REL: 1533 HRS Mighty River Power Limited (NS)

CREDIT: MRP010: S&P reaffirms Mighty River Power's BBB+ rating

Ratings agency Standard & Poor's has confirmed Mighty River Power's corporate
credit rating as BBB+/Stable in a report published today.

Mighty River Power CFO, William Meek, said the Company targets an investment
grade long-term credit rating of BBB+ as a prudent and sustainable capital
structure. The Company receives a one-notch uplift from its stand-alone
rating of 'bbb', reflecting the legislated majority ownership by the Crown.

For further information contact David Glendining, Head of Communications (Tel
0272 105 337) or Tim Thompson, Investor Relations/Treasury (Tel 0275 173 470)
End CA:00275695 For:MRP    Type:CREDIT     Time:2015-12-23 15:33:47