Mercury NZ Sets Interest Rate For Its Green Bond Offer

1 min read | September 05, 2020 03:03 PM BST | By Team Kalkine Media

Mercury NZ Limited (ASX:MCY) informed that $200 million of Green Bonds have been given to participants in the process after a bookbuild for its offer of 7-year green bonds. Some of the details include:

  • The interest rate has been fixed at 1.56% p.a. for the Green Bonds, representing a margin of 1.25% pa over the underlying swap rate
  • Green Bonds are likely to be quoted under the ticker MCY030 on the NZX debt market
  • Green Bonds shall be issued on 14 September 2020 and shall mature on 14 September 2027


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