Investor information

Highlights

• We have a strong investment grade profile: rated ‘AA Stable’ by S&P Global Ratings.
• The substantial part of our revenue is regulated with stable and predictable cash flows
• Prudent operational and financial management by experienced management and governance teams
• We are owned by the New Zealand Crown and operates as a State-Owned Enterprise
• We are focused on sustainability/enabling renewable generation

Updates

• Investor presentation (August 2023)

Listed Bonds

The following domestic bonds are listed on the NZX Debt Market:

• Bond TRP070
• Bond TRP080
• Bond TRP090
• Bond TRP100

Pricing Supplements

Details of our outstanding domestic bonds are listed below:

• NZD$150 million 1.735% coupon bond maturing 4 September 2025 (TRP070)
• NZD$300 million 1.735% coupon bond maturing 4 September 2025 (TRP070)
• NZD$150 million 1.52% coupon bond maturing 8 April 2026 (TRP080)
• NZD$150 million bond maturing 8 September 2026 (TRP090)
• NZD$100 million 5.893% coupon bond maturing 15 March 2028 (not listed)
• NZD$175million Floating-Rate Note maturing 9 June 2025
• NZD$200million & NZD$150million bond maturing 8 September 2026

Trust Deeds

The following Trust Deeds for domestic bonds are available:

• Deed of Amendment and Restatement (2011 Master Trust Deed Amended)
• Supplemental Trust Deed No. 8 (22 August 2019)
• Supplemental Trust Deed No. 9 (26 March 2021)
• Supplemental Trust Deed No. 10 (31 August 2021)
• Supplemental Trust Deed No. 11 (2 June 2022)

Disclosure

We disclose information to NZX, Companies Office and the Crown Ownership Monitoring Unit to ensure transparency of our business and to provide the public with information about our company’s performance. Our NZX disclosures are listed in our News section and on the following websites:

• NZX Markets
• Companies Office
• Crown Ownership Monitoring Unit

Contact us

If you're after more information or want to get in touch with our investor team, fill out our contact form.