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

QUOTATION NOTICE: NZX DEBT MARKET
CHORUS LIMITED (NS) (“CNU050”) NOTES
NZX Limited, Level 2, NZX Centre, 11 Cable Street, PO Box 2959, Wellington 6140, New Zealand
Tel +64 4 472 7599, www.nzx.com


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

NZX Limited, Level 2, NZX Centre, 11 Cable Street, PO Box 2959, Wellington 6140, New Zealand
Tel +64 4 472 7599, www.nzx.com

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