Mercury NZ Limited, founded in 1998 and headquartered in Auckland, New Zealand, is a leading electricity generator and retailer with a mission to provide sustainable energy solutions. The company produces electricity from renewable sources, notably hydro and geothermal, catering to both residential and commercial customers across the country.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| MCYNZ 1.56% 2027-09-14 NZDMercury NZ Limited | New Zealand | 2027-09-14 | 1.560 | 3.56 |
| MCYNZ 2.16% 2026-09-29 NZDMercury NZ Limited | New Zealand | 2026-09-29 | 2.160 | 3.27 |
| MCYNZ 2.92% 2028-11-17 AUDMercury NZ Limited | New Zealand | 2028-11-17 | 2.918 | 4.31 |
| MCYNZ 3.60% 2049-07-11 NZDMercury NZ Limited | New Zealand | 2049-07-11 | 3.600 | 15.69 |
| MCYNZ 5.64% 2028-06-19 NZDMercury NZ Limited | New Zealand | 2028-06-19 | 5.640 | 3.76 |
| MCYNZ 5.73% 2052-05-13 NZDMercury NZ Limited | New Zealand | 2052-05-13 | 5.730 | 6.38 |
| MCYNZ 6.42% 2054-07-11 NZDMercury NZ Limited | New Zealand | 2054-07-11 | 6.420 | 6.07 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Mercury NZ began issuing bonds in 2014, aimed at funding its growth and capital expenditure initiatives. Significant issuances include its NZ$200 million bond in 2021, which was notable for its competitive interest rates relative to the industry average. Currently, yields on Mercury's bonds are positioned favorably in comparison to peers, reflecting the company's solid credit profile and commitment to sustainability. In recent news, the company announced a bond repayment strategy that is expected to enhance its liquidity, further strengthening its financial standing in the market.