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Chorus Limited ( (CHRUF) ) has shared an update.
Chorus Limited has successfully priced a EUR400 million 7-year note under its Euro Medium Term Note programme, with a fixed coupon of 3.529% per annum, maturing in November 2032. The proceeds will be used to refinance existing notes and for general corporate purposes, aligning with the company’s strategy to enhance its fibre broadband infrastructure and increase market penetration in Europe.
More about Chorus Limited
Chorus Limited operates in the telecommunications industry, focusing on providing fibre broadband infrastructure. The company aims to transition to an all-fibre business model with significant market uptake by 2030, emphasizing connectivity to meet future consumer needs.
See more insights into CHRUF stock on TipRanks’ Stock Analysis page.