Shareholder and
Bond Holder Information

Manawa Energy has senior bonds on issue, with a total face value of over $300 million.

Our bonds are traded on the New Zealand Debt Market (NZDX), with interest paid quarterly to bond holders.

 

Share and bond price statistics

Information from www.nzx.com gives price, volume, movement, market cap, 52 week data and graphs versus indices. 

Manawa Energy Limited Ordinary Shares 

MNW170 22/02/29 3.97% - Senior Bond

MNW180 29/07/26 3.35% - Senior Bond

MNW190 08/09/27 5.36% - Senior Bond

Senior Bonds

We currently have on issue three series of unsecured, senior fixed rate bonds. Each bond has a face value of $1. These bonds rank equally with other bank debt.

 Maturity  Interest rate (%)  Face value ($000s)
 MNW 170: February 2029  3.97 (resets Feb 2024)  $100,000
 MNW180: July 2026  3.35  $125,000
 MNW190: September 2027  5.36  $150,000
   Total  $375,000
 

Other information for bond holders

  • Bonds are traded on the NZX Debt Market (NZDX)

  • Bond market value is affected by a range of factors, notably interest rates

  • Interest rate is fixed and not affected by market value

  • Interest in respect of the TPW170 bonds is paid 22 February, 22 May, 22 August and 22 November

  • Interest in respect of the TPW180 bonds is paid 29 January, 29 April, 29 July and 29 October

  • Interest in respect of the TPW190 bonds is paid 8 March, 8 June, 8 September and 8 December

  • Where appropriate, withholding tax is deducted from payments to bond holders 


Trust Documentation

The Master Trust Deed details the rules governing bond issues, the rights and obligations of Trustpower and bondholders

Series supplements:

 

Manawa Energy Dividends

Manawa Energy’s dividend policy is available here and historical dividend information can be found here.