Quotation Notice – Chorus Limited (“CNU020”) Bonds

QUOTATION NOTICE: NZX DEBT MARKET
CHORUS LIMITED BONDS (“CNU020”)
NZX Limited, Level 1, NZX Centre, 11 Cable Street, PO Box 2959, Wellington 6140, New Zealand
Tel +64 4 472 7599, www.nzx.com




Company:
Chorus Limited (“CNU”)
Security Code:
CNU020
ISIN:
NZCNUDT003C6
Details of Issue:
An offer of $500 million of unsubordinated, unsecured, re-setting
fixed rate bonds
Opening Date:
Wednesday, 14 November 2018
Closing Date:
Friday, 23 November 2018
Initial Interest Rate:
Reset Date:
Reset Interest Rate:
4.35% per annum
Wednesday, 6 December 2023
Sum of the five year swap rate on 6 December 2023 plus a
margin of 1.80% per annum
Maturity Date:
Wednesday, 6 December 2028
Interest Payment Dates:
6 March, 6 June, 6 September and 6 December in each year up
to and including the Maturity Date
Date of First Interest Payment:
Wednesday, 6 March 2019
First Interest Paid To:

Record Date:
Holder on Record Date

10 calendar days prior to the relevant payment date or, if that
date is not a business day, the immediately preceding business
day

Minimum Application Amount:
$5,000 and in multiples of $1,000 thereafter

Minimum Holding:
$5,000
Face Value:
Organising Participants:
$1.00 per Bond
ANZ Bank New Zealand Limited
Joint Lead Managers:



ANZ Bank New Zealand Limited, Deutsche Craigs Limited, Bank
of New Zealand, Forsyth Barr Limited and Hobson Wealth
Partners Limited
Trust Deed:
Master Trust Deed dated 30 March 2016, as amended and
restated on 9 November 2018 and Supplemental Trust Deed
dated 14 November 2018

Issue Date:
6 December 2018
Registrar:
Computershare Investor Services Limited (“RMLT”)
Settlement Status:
NZCDC Settlement System
Expected Commencement of
Trading on the NZX Debt Market:

7 December 2018


Mark Peterson
Chief Executive Officer
NZX Limited

23 November 2018