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Chorus Limited ( (CHRUF) ) has issued an announcement.
Chorus Limited has announced the issuance of NZ$170 million in unsecured, subordinated, redeemable, cumulative, interest-bearing capital notes. The offer is set to open on May 26, 2025, and close on May 29, 2025, with a maturity date of June 6, 2056, and an interest rate of 5.90%. This financial move is likely to impact the company’s operations by providing additional capital for infrastructure development, potentially strengthening its market position in the telecommunications industry.
More about Chorus Limited
Chorus Limited is a telecommunications infrastructure company 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 operating a nationwide network of fiber optic cables.
For an in-depth examination of CHRUF stock, go to TipRanks’ Stock Analysis page.