MEL
24/02/2016 08:31
GENERAL
PRICE SENSITIVE
REL: 0831 HRS Meridian Energy Limited
GENERAL: MEL: Meridian Energy considers retail bond offer
24 February, 2016
Meridian Energy Limited (Meridian) is considering making an offer of up to
NZ$100,000,000 unsecured, unsubordinated fixed rate bonds (Bonds) to
institutional and New Zealand retail investors, with the ability to accept up
to NZ$50,000,000 oversubscriptions at Meridian's discretion.
It is expected that full details of the offer will be released in early
March, when the offer is expected to open.
Meridian has appointed ANZ Bank New Zealand as Lead Manager and First NZ
Capital and Forsyth Barr as Co-Managers in relation to the Bond offer.
Investors can register their interest in the offer by contacting the Lead
Manager or Co-Managers as detailed below, or their financial advisor.
Indications of interest will not constitute an obligation or commitment of
any kind.
No money is currently being sought and applications for the Bonds cannot
currently be made. If Meridian offers the Bonds, the offer will be made in
accordance with the Financial Markets Conduct Act 2013. The Bonds are
expected to be quoted on the NZX Debt Market.
End CA:00278178 For:MEL Type:GENERAL Time:2016-02-24 08:31:24
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