Meridian Energy closes green bond offer at 4.55% interest rate
Meridian Energy Limited successfully closed its NZ$350 million green bond offer, which initially received NZ$100 million in oversubscriptions during the bookbuild. The 6.5-year unsecured, unsubordinated, fixed-rate green bonds were allocated to participants involved in the bookbuild process, with no public pool available.
The issue margin for the green bonds was set at 1.00% per annum. Meridian Energy announced an interest rate of 4.55% per annum for the green bonds, effective for the 6.5-year term. The bonds are scheduled for issue on Thursday, 11 September 2025, and will mature on Thursday, 11 March 2032.
The green bonds will begin trading on the NZX Debt Market under the ticker code MEL080 on Friday, 12 September 2025. The final terms sheet, updated with the interest rate, has been provided to NZX and is available on Meridian Energy's investor relations website.
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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