MCY060 GREEN BONDS.
Mercury’s Green Bonds trade on the NZX Debt Market under the ticker MCY060.
MCY060 BASICS
- BBB+ issue credit rating by S&P Global Ratings
- 5.64% interest rate until 19 June 2028
MCY060 Key Terms
Mercury NZ Limited (Mercury).
Unsecured, unsubordinated fixed rate green bonds (Green Bonds).
BBB+ (Mercury has an Issuer Credit Rating of BBB+).
NZ $150m
5 years (maturing 19 June 2028).
5.64% per annum.
The proceeds of the Green Bonds are intended to be earmarked to finance or refinance new or existing projects and expenditures relating to renewable energy and other eligible projects, in accordance with Mercury’s Green Financing Framework.
MORE INFORMATION