CEN
27/08/2015 17:17
GENERAL
NOT PRICE SENSITIVE
REL: 1717 HRS Contact Energy Limited
GENERAL: CEN: Contact Energy increases its level of oversubscriptions
27 August 2015
Contact Energy increases its level of oversubscriptions
Contact Energy Limited (Contact) has today announced that following strong
investor enquiry for its unsecured, unsubordinated fixed rate bonds
("Bonds"), and after having consulted with the Syndicate, it has decided to
increase the level of oversubscriptions to NZ$50 million (from NZ$25
million). The offer will be for up to NZ$100 million with the ability to
accept oversubscriptions of up to NZ$50 million at its discretion, and the
Terms Sheet for the Bonds dated 24 August 2015 should be read accordingly.
This announcement forms part of the Terms Sheet.
The indicative issue margin range remains 1.15 - 1.20% p.a. The issue margin
and interest rate for the Bonds will be set following a bookbuild process on
28 August 2015 and announced via the NZX shortly thereafter. The offer will
close on 28 August 2015 following the bookbuild process, with the Bonds
expected to be issued on 4 September 2015.
Lead Manager, ANZ - 0800 269 476
Co-Manager, Forsyth Barr - 0800 367 227
ENDS
For further information please contact:
Louise Tong
Head of Treasury and Tax
021 444 224
End CA:00269214 For:CEN Type:GENERAL Time:2015-08-27 17:17:01
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