Contact Energy Lists NZ$350 Million Green Capital Bonds on NZX Debt Market at 5.80% Rate

Anjali Anand

05 November 2026 03:14 PM AEDT

Contact Energy Lists NZ$350 Million Green Capital Bonds on NZX Debt Market at 5.80% Rate

Image Source: Krish Capital Pty Ltd

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Contact Energy (ASX:CEN) has disclosed the quotation of NZ$350,000,000 in unsecured, subordinated, redeemable, cumulative, interest-bearing green capital bonds on the NZX Debt Market, carrying an interest rate of 5.80% per annum and maturing on 19 May 2057.

Key Points

Contact Energy is issuing NZ$350,000,000 of green capital bonds under security code CEN100 with ISIN NZCEND0100L3.
The bonds carry an interest rate of 5.80% per annum, with interest payments on 19 February, 19 May, 19 August and 19 November each year until maturity or earlier redemption.
The offer opens on 2 November 2026 and closes on 5 November 2026, with the issue date set for 19 November 2026.
Trading on the NZX Debt Market is expected to commence on 20 November 2026, with the maturity date set for 19 May 2057.

Green Capital Bond Terms and Structure

According to the filing, the bonds are unsecured, subordinated, redeemable and cumulative in nature, with a face value of NZ$1.00 per capital bond. The minimum application amount is NZ$5,000, with additional investments accepted in multiples of NZ$1,000 thereafter. The minimum holding is NZ$5,000 and the minimum transferable amount is NZ$1,000. The bonds are governed by an amended and restated Master Trust Deed dated 21 August 2015, as amended from time to time, and a Supplemental Trust Deed dated 22 October 2026. The New Zealand Guardian Trust Company Limited acts as supervisor.

Offer Timetable and Settlement Details

The offer opening date is Monday, 2 November 2026, and the offer closing date is Thursday, 5 November 2026. The issue date is Thursday, 19 November 2026, with trading on the NZX Debt Market expected to commence the following day, Friday, 20 November 2026. Settlement will occur through the NZCDC Settlement System. The registrar for the bonds is MUFG Pension & Market Services (NZ) Limited. The first interest payment is scheduled for Friday, 19 February 2027, to be paid to the holder on the applicable record date.

Interest Payment Schedule and Joint Lead Managers

Interest payments are scheduled quarterly on 19 February, 19 May, 19 August and 19 November each year up to and including the maturity date of 19 May 2057, unless the bonds are redeemed earlier. The record date for each payment is 10 calendar days before the relevant interest payment date, or the immediately preceding business day if that date is not a business day. The joint lead managers for the bond issue are Bank of New Zealand, Craigs Investment Partners Limited, and Forsyth Barr Capital Markets Limited.

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