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 6.56% - 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 | $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: