Chorus Limited (NZX: CNU) Closes Its Retail Bond Offer

Chorus today announced that following strong investor demand for its offer of seven and ten year unsecured, unsubordinated, fixed rate bonds (Bonds), it has allocated NZ$400,000,000 across both Series of Bonds. This includes oversubscriptions of NZ$200,000,000.

Issue Amounts for each Series:

• 2027 Bonds – NZ$200,000,000; and

• 2030 Bonds – NZ$200,000,000.

The Issue Margin for each Series of Bonds has been set at:

• 2027 Bonds – 1.40% per annum; and

• 2030 Bonds – 1.70% per annum.

The Interest Rate for each Series will be announced later today along with the Final Terms Sheet.

See the link below for more details:

 Chorus closes retail Bond offer

Source: Chorus Limited

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

FSF - Fonterra completes sale of Mainland Group to Lactalis
GNE - Resignation of Chief Financial Officer
PFI - Property for Industry Limited Launches Bond Offer
March 30th Morning Report
HGH Ltd Results for the 6 months ended 1 February 2026
March 27th Morning Report
CDC investor presentation and guidance update
PFI - Potential Bond Offer by PFI
MCY - Mercury Green Bond offer - interest rate set
March 25th Morning Report