Sharechat Logo

Spark Finance extends Westpac Sustainability-Linked Loan

Friday 27th October 2023

Text too small?

Spark Finance Limited, the wholly owned subsidiary of Spark New Zealand Limited (“Spark”) that carries out the borrowing activities for the Spark group, announced today that it has extended the term of its NZ$200 million committed revolving sustainability-linked loan facility with Westpac New Zealand Limited (“Facility”) by three years, to mature on 30 November 2026. The extension utilises the same sustainability performance targets that were established over a five year horizon and externally verified at the inception of the Facility in November 2021.

 

The Facility will be used for general corporate purposes.

 

-ENDS-

 

Authorised by:

Chante Mueller

Head of Investor Relations & Insurance

 

For more information please contact:

 

For media queries:

Althea Lovell

Corporate Relations Lead Partner

(64) 21 222 2992

althea.lovell@spark.co.nz

For investor queries:

Chante Mueller

Head of Investor Relations & Insurance

(64) 27 469 3062

chante.mueller@spark.co.nz

About Spark

As New Zealand's largest telecommunications and digital services company, Spark’s purpose is to help all of New Zealand win big in a digital world. Spark provides mobile, broadband, and digital services to millions of New Zealanders and thousands of New Zealand businesses.

www.sparknz.co.nz



  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

WCO - Acquisition of Civic Waste, Convertible Note & SPP
ATM - FY25 revenue guidance and dividend policy
November 22th Morning Report
General Capital Announces Another Profit Record
Infratil Considers Infrastructure Bond Offer
Argosy FY25 Interim Result
Meridian Energy monthly operating report for October 2024
Du Val failure offers fresh lessons, but will they be heeded in the long term?
November 19th Morning Report
ATM - Appointment of new independent NED