Quotatioin Notice - Chorus Limited (NS) ("CNU050")

QUOTATION NOTICE: NZX DEBT MARKET
CHORUS LIMITED (NS) (“CNU050”) NOTES

Company: Chorus Limited (NS) (“CNU”)

Security Code: CNU050

ISIN: NZCNUDT007C7

Details of Issue: NZ$170 million unsecured, subordinated, redeemable, cumulative, interest-bearing capital notes

Offer Opening Date: Monday, 26 May 2025

Offer Closing Date: 11:00am Thursday, 29 May 2025

Maturity Date: 6 June 2056

Interest Rate: 5.90%. The initial Interest Rate will apply until the First Reset Date (6 June 2031)

Interest Payment Dates: 6 March, 6 June, 6 September and 6 December in each year up to and including the Maturity Date (unless redeemed earlier)

Date of First Interest Payment: Saturday, 6 September 2025. Since Payment Date falls on a non business day, first interest payment will be made Monday, 8 September

First Interest Paid To: Noteholder on Record Date

Record Date: 10 calendar days before the relevant Interest Payment Date, or if that date is not a Business Day, the immediately preceding Business Day

Minimum Application Amount: Minimum denomination of NZ$5,000 with multiples of NZ$1,000 thereafter

Minimum Holding: NZ$5,000

Minimum Transferable Amount: NZ$1,000

Face Value: NZ$1.00 per Capital Note

Supervisor: The New Zealand Guardian Trust Company Limited

Joint Lead Managers: Forsyth Barr Limited as Arranger and Joint Lead Manager Bank of New Zealand as Joint Lead Manager

Trust Deed Dated: Master Trust Deed dated 9 May 2025, Supplemental Trust Deed dated 9 May 2025 as amended by an Amendment Deed dated 23 May 2025

Registrar: Computershare Investor Services Limited Settlement Status: NZCDC Settlement System

Issue Date: Friday, 6 June 2025

Expected Commencement of Trading on the NZX Debt Market: Monday, 9 June 2025

Mark Peterson
Chief Executive Officer
NZX Limited

29 05 2025

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Announcement PDF