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Chorus to issue €500m bond to repay existing debt

Connectivity BusinessbyConnectivity Business
October 12, 2016
in Financing
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New Zealand telecoms infrastructure company Chorus has priced a €500m (US$551m) bond under its euro medium-term note (EMTN)  programme. Commenting on the transaction, Chorus CFO Andrew Carroll (pictured) said: “The notes issue is a continuation of Chorus’ longer term financing strategy and the proceeds will be used to repay Chorus’ existing bank facilities and for other general corporate purposes. […]

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Tags: Asia PacificChorusCitigroupGoldman SachsHSBCMitsubishi UFJPremiumSpark New ZealandTF249
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