PRICE TALK: Mirvac Group AUD 6.5yr FXD Green note at ASW+165a

Mirvac Group Finance Ltd ("Mirvac" / Ticker: MGRAU), rated A3 (Stable) by Moody’s and A- (Stable) by Fitch, is taking IOIs for a new 6.5-year AUD-denominated, fixed rate senior unsecured Green benchmark transaction. Initial price guidance is semi-quarterly coupon matched asset swap +165bps area. The transaction is expected to launch in the near future, subject to market conditions. Any notes issued are expected to be rated A3 by Moody’s and A- by Fitch.

Any potential green bond will be issued under Mirvac Group Finance Limited’s Commercial Paper and Medium Term Note Programme dated 8 August 2024 and proceeds will be used to finance or refinance eligible green projects, assets or activities which meet the Climate Bonds Initiative's (CBI) Climate Bonds Standards in accordance with Mirvac’s Sustainable Financing Framework dated March 2022.

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