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The latest announcement is out from Chorus Limited ( (CHRUF) ).
Chorus Limited has revised the indicative Initial Margin range for its offer of up to $170 million in capital notes to investors in New Zealand. The new range is set at 2.05% to 2.15% per annum, while the Minimum Initial Interest Rate remains at 5.50% per annum. This adjustment reflects the company’s strategic financial planning and could impact investor interest and market positioning ahead of the Rate Set Date on 29 May 2025.
More about Chorus Limited
Chorus Limited is a telecommunications infrastructure company based in New Zealand, primarily focused on providing broadband and internet services. The company plays a significant role in the country’s telecommunications sector by maintaining and developing the network infrastructure that supports internet connectivity.
Learn more about CHRUF stock on TipRanks’ Stock Analysis page.