Attached herewith is a copy of an announcement released to the NZX by Contact Energy today. Origin Energy holds 53.09% of quoted ordinary shares in Contact Energy Limited.
Contact Energy Limited (“Contact”) is currently considering an offer of approximately $225 million unsecured, unsubordinated bonds (“Bonds”). Contact currently has approximately $534 million of bonds (the “2009 Bonds”) maturing on 15 May 2014. As part of the refinancing of the 2009 Bonds, Contact is considering an exchange offer to existing holders of 2009 Bonds as well as a general offer to existing and new investors.
Forsyth Barr has been appointed as Arranger to the offer.
The offer is expected to open in late February 2014.
No money is currently being sought and no applications for new Bonds will be accepted or money received unless the subscriber has received a Simplified Disclosure Prospectus. Indications of interest will not involve an obligation or commitment of any kind.
021 444 224
Head of Investor Relations and Strategy
021 228 3688