Transpower considers retail bond offer

23 February 2017

Transpower New Zealand Limited is considering an offer of unsecured, unsubordinated fixed rate bonds to New Zealand retail investors and institutional investors. 

It is expected the bonds will have a maturity of five and a half years, and full details of the offer will be released early March.

The offer will be made pursuant to the Financial Markets Conduct Act 2013 as an offer of debt securities of the same class as quoted debt securities.  The bonds are expected to be quoted on the NZX Debt Market.

Transpower has appointed ANZ Bank New Zealand Limited as Lead Manager and Organising Participant in relation to the bond offer.

Investors can register their interest with the Lead Manager (details below) or a financial adviser.  Indications of interest will not involve an obligation or commitment of any kind.  No money is currently being sought, and no bonds can be applied for or acquired in relation to an offer until that offer opens and the investor has received a copy of the relevant offer document in relation to the bonds.


Lead Manager

ANZ Bank New Zealand Limited

0800 269 476

For assistance, please contact:

Rebecca Wilson
Corporate Communications Manager, Transpower
(04) 590 6695 or 021 578 608