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The latest update is out from Mercury NZ ( (MGHTF) ).
Mercury NZ has issued NZ$250 million of unsecured, unsubordinated fixed-rate green bonds, designated MCY080, which will be quoted on the NZX Debt Market. The bonds carry a coupon of 5.17% per annum, a face value of NZ$1.00, and are structured to appeal to income-focused investors seeking exposure to certified green debt instruments.
The MCY080 bonds have a maturity date of 1 April 2033, with interest payable semi-annually on 1 April and 1 October each year. Trading on the NZX Debt Market is expected to commence on 2 April 2026, further broadening Mercury NZ’s access to sustainable capital and reinforcing the role of green bonds in New Zealand’s corporate debt market.
More about Mercury NZ
Mercury NZ is a New Zealand-based energy company that funds its operations and growth through capital market instruments, including listed debt securities. The company uses green bonds as part of its financing strategy, targeting investors focused on sustainable and environmentally aligned investments in the debt market.
See more insights into MGHTF stock on TipRanks’ Stock Analysis page.