About Z

Z Energy Limited considers retail bond issue

25/06/2012 - General News

Jonathan Hill

Z Energy today confirmed it is considering a retail bond issue.

Z Chief Executive, Mike Bennetts, said any bond issue would likely be launched in mid July.

Any issue would likely be of senior, secured fixed rate bonds, with bondholders sharing the same security as Z's banks and existing bondholders, on an equal ranking basis.

At this stage no decision had been taken as to the size of any future issue, or other terms of the bonds.

Z Energy is seeking preliminary indications of interest. You can register your interest now with the Arranger (contact details below) or your financial advisor. A copy of the Simplified Disclosure Prospectus prepared for the issue will be forwarded to you upon release.

Indications of interest will not involve an obligation or commitment of any kind. No money is currently being sought and no applications for the bonds will be accepted or money received unless the subscriber has received a copy of the simplified disclosure prospectus in relation to the bonds.

Arranger
ANZ
0800 269 476
www.anz.co.nz/ipo

Contact:

Richard Norris, Treasurer: 04 462 4611
Jonathan Hill, Corporate Communications: 04 498 0212