Transpower considers retail green bond offer

29 Aug 2022

consider retail bond offer

Transpower New Zealand Limited (Transpower) is considering an offer of 5-year unsecured, unsubordinated fixed rate green bonds to New Zealand retail investors and to institutional investors.

It is expected that full details of the offer will be released the week of 5 September 2022.

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 green bonds will be quoted on the NZX Debt Market.

Transpower has appointed Bank of New Zealand as Lead Manager in relation to the green 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 green 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 green bonds.

Lead Manager
Bank of New Zealand
0800 284 017

For further information, please contact:

Anna Smaill
Senior Communications Advisor, Transpower
021 394 042

Documents


Pre-offer announcement


 

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