- Release Date: 13/04/15 17:24
- Summary: GENERAL: SPK: Spark New Zealand extends and reduces standby facility
- Price Sensitive: No
- Download Document 1019B
SPK 13/04/2015 17:24 GENERAL NOT PRICE SENSITIVE REL: 1724 HRS Spark New Zealand Limited GENERAL: SPK: Spark New Zealand extends and reduces standby facility Market Announcement 13 April 2015 Spark New Zealand extends and reduces standby facility Spark New Zealand has announced today that Spark Finance Limited has reduced its committed standby revolving credit facility ("Standby") from NZ$300 million to NZ$200 million and extended the term by one year, to mature on 13 April 2018. The Standby is provided through participation from Australasian and global banks. "The reduction in the Standby to $200 million reflects Spark New Zealand's reduced funding requirements", said Jolie Hodson, Spark New Zealand CFO. -ENDS- For media queries, please contact: Richard Llewellyn Head of Corporate Communications +64 (0) 27 523 2362 For investor relations queries, please contact: Mark Laing General Manager Corporate Finance +64 (0) 27 227 5890 End CA:00263037 For:SPK Type:GENERAL Time:2015-04-13 17:24:44
Ann: GENERAL: SPK: Spark New Zealand extends and reduces standby facility
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