Manawa Energy fixes price for retail offer

Thursday, 25 August 2022

Issuer name: Manawa Energy
Issuer rating: NR
Issue rating: NR
Pricing date: 25 August 2022
Settlement date: 8 September 2022
Maturity date: 8 September 2027
Lead managers: ANZ, Craigs Investment Partners, Forsyth Barr

Transaction type: retail-format senior bond
Volume: NZ$100 million (US$62.1 million), with the ability to add up to NZ$50 million following the exchange offer
Coupon type: fixed
Coupon rate: 5.36%
Issue/re-offer price: par
Issue yield: 5.36%
Margin: 135bp/mid-swap