The following information is provided in accordance with Listing Rule 7.12:
Issuer | Meridian Energy Limited | |
Class of security | Unsecured, unsubordinated, fixed rate debt securities | |
ISIN | NZMELDT042C4 | |
NZX Debt Market Ticker Code | MEL050 | |
Number of MEL050 bonds allotted | 200,000,000 | |
Issue price | $1 per bond | |
Interest rate | 4.21% per annum | |
Payment in cash | Yes | |
Amount paid up | Bonds have been fully paid up | |
Principal terms of the securities |
Unsecured, unsubordinated, fixed rate debt securities with a maturity date of 27 June 2025 | |
Percentage of total class of MEL050 bonds allotted | 100% | |
Reason for allotment |
General corporate purposes, including the partial refinance of Meridian's bank bridge facility used for the recent acquisition of hydro assets in Australia. | |
Specific authority for the allotment | Resolution of directors dated 19 April 2018 | |
Terms of details of the allotment | As set out in the final terms sheet dated 15 June 2018 | |
Total number of MEL050 bonds in existence after the allotment | 200,000,000 | |
Date of allotment | 27 June 2018 |
ENDS
Neal Barclay
Chief Executive
Meridian Energy Limited
For investor relations queries, please contact: | For media queries, please contact: |
Owen Hackston |
Polly Atkins |
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Meridian Energy Limited published this content on 27 June 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 27 June 2018 01:32:03 UTC