Spark Finance extends sustainability-linked loan with MUFG
Spark Finance Limited, the wholly owned subsidiary responsible for Spark New Zealand's borrowing activities, announced today that it has extended its NZ$125 million committed revolving sustainability-linked loan facility with MUFG Bank, Ltd. The extension adds one year to the facility, pushing its maturity date to 30 November 2026.
The facility's extension maintains the original externally verified sustainability performance targets established in November 2021. Additionally, it now incorporates a median gender pay gap target, which was set and externally verified in November 2024. The funds from this sustainability-linked loan are designated for general corporate purposes.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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