Contact Energy (ASX:CEN) has confirmed it will fully redeem its NZ$225 million green capital bonds quoted on the NZX Debt Market under ticker code CEN060, with the redemption scheduled for 19 November 2026, being the first reset date under the trust documents for the bonds.

Key Points

  • Contact Energy is exercising its right to fully redeem all 225,000,000 CEN060 Capital Bonds on 19 November 2026
  • The total call amount payable is NZ$225,000,000 plus accrued and unpaid interest
  • Each bondholder will receive NZ$1.00 principal per bond held, plus any unpaid interest and any interest payment scheduled on the redemption date
  • The record date for the redemption is 9 November 2026, with an ex-date of 6 November 2026
  • Redemption notices were released and emailed or posted to holders on 5 November 2026

CEN060 Bond Redemption Terms and Conditions

Contact Energy has elected to exercise its right to redeem all CEN060 Bonds under Condition 4.2(a) of the Supplemental Trust Deed Series 10, with the notice of redemption issued pursuant to Condition 4.3 of the same deed. The CEN060 Bonds were issued under the Supplemental Trust Deed Series 10 dated 29 October 2021 and the Master Trust Deed dated 23 February 2009, as amended and/or restated from time to time. The bonds are classified as unsecured, subordinated, redeemable, cumulative, interest-bearing debt securities with ISIN NZCEND0060L9.

Payment Details and Key Dates

Holders of CEN060 Bonds will be entitled to receive, in respect of each bond held, the principal amount of NZ$1.00, any unpaid interest, and any interest payment scheduled to be paid on the redemption date of 19 November 2026. Contact Energy will pay holders by the method by which they currently receive interest payments, unless otherwise agreed. Holders wishing to change their payment method were required to advise MUFG Pension & Market Services (NZ) Limited in writing prior to 12 November 2026. No lead manager or underwriter has been appointed in connection with the redemption.

Corporate Action Registration and Authority

The corporate action has been registered with a record date of 9 November 2026 and an ex-date of 6 November 2026. No external approvals were required for the redemption to proceed on an unconditional basis. The announcement was authorised by Kirsten Clayton, General Counsel and Company Secretary of Contact Energy Limited, and released through the NZX Market Announcement Platform on 5 November 2026. The registry for the CEN060 Bonds is MUFG Pension & Market Services (NZ) Limited, based in Auckland.