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Chorus updates syndicated bank facility

Monday 1st May 2023

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The facility limit has been raised from NZ$350m to NZ$450m and the maturity date has been extended from April 2025 to April 2026. The covenants remain the same at 5.50 times debt to EBITDA and 2.50 times interest coverage.

 

Authorised by:

 

Mark Aue

Chief Financial Officer

 

ENDS

 

For further information:

 

Steve Pettigrew

Head of External Communications

Mobile: +64 (27) 258 6257

Email: steve.pettigrew@chorus.co.nz

 

Brett Jackson

Investor Relations Manager

Phone: +64 4 896 4039

Mobile: +64 (27) 488 7808

Email: brett.jackson@chorus.co.nz



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