| Details | |||
|---|---|---|---|
| Website | Spark Finance Ltd | ||
| Credit Agency Name | Credit Rating | Outlook | |
| Corporate credit rating(s) | Standard & Poors (S&P) | A- | Stable |
| Moody's Investors Services | A3 | Stable | |
| Fitch Ratings | BBB+ | Stable | |
| Description |
The principal activity of Spark Finance is that of a finance company for the Spark New Zealand Group. Spark Finance raises debt funding in New Zealand and internationally. These funds are then advanced to other members of the Spark New Zealand Group in order to assist in funding their operations. Spark Finance solely lends to other companies within the Spark New Zealand Group and, accordingly, its financial performance should be considered in conjunction with the financial performance of the Spark New Zealand Group. The key risks to Spark Finance are currency, interest rate, credit and liquidity risks. |