tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Meridian Energy Sets Interest Rate for $350 Million Green Bond Offer

Story Highlights
Meridian Energy Sets Interest Rate for $350 Million Green Bond Offer

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Meridian Energy Limited ( (MDDNF) ) has shared an update.

Meridian Energy Limited has announced the interest rate for its $350 million offer of 6.5-year unsecured, unsubordinated, fixed-rate green bonds, set at 4.55% per annum. The issuance of these green bonds, which will be quoted on the NZX Debt Market, underscores Meridian’s commitment to sustainable finance and could enhance its market positioning by attracting environmentally-conscious investors.

More about Meridian Energy Limited

Meridian Energy Limited is a New Zealand-based company listed on the NZX and ASX stock exchanges. It operates in the energy industry, focusing on the generation and retail of electricity, with a strong emphasis on renewable energy sources.

Find detailed analytics on MDDNF stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1