Chorus

Monday, 11 September 2023

Australian issuance hits the right note for Chorus – and more Kiwis may follow

Chorus has joined the growing group of New Zealand corporate issuers to add the Australian dollar market to their funding – and deal sources say there may be more to follow. Chorus says its decision to introduce an Australian dollar programme was strategic and that it plans to be a repeat issuer.

Thursday, 15 September 2022

Chorus’s euro trip incorporates buyback and new benchmark issuance

Chorus conducted an unusual liability management tender process alongside its return to euro issuance. Deal sources say the buyback and simultaneous issuance was a win for investors, allowing them to offload short-dated debt and extend duration without changing exposure limits.

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