- Standard & Poor's: BBB long-term, negative outlook
- Moody’s: Baa3 issuer and senior unsecured rating, negative outlook
Ratings information (as of March 2013)
Euro Medium Term Notes
Chorus Limited has established a Euro Medium Term Note (EMTNs) programme, guaranteed by Chorus New Zealand Limited, with and the issued bonds are listed on the Luxembourg Stock Exchange. As of January 2012, Chorus had issued a total of GBP259,823,000 EMTNs comprising:
- Series 1, Tranche 1: GBP234,823,000 6.75 per cent Notes due 6 April 2020 (ISIN XS0710033969)
- Series 1, Tranche 2: GBP25,000,000 6.75 per cent Notes due 6 April 2020 (ISIN XS0710033969) and consolidated with Series 1, Tranche 1.
Luxembourg Stock Exchange announcements
Chorus securities are traded on the Luxembourg Stock Exchange. These announcements have been released to the exchange:
24 February 2014 - Half year results
Chorus Limited has today reported a net profit after tax (NPAT) of $78 million and earnings before interest, tax, depreciation and amortisation (EBITDA) of $329 million for the six months ended 31 December 2013.
5 February 2014 - S&P maintains BBB CreditWatch negative for Chorus
Standard & Poor’s has today issued an announcement maintaining Chorus’ BBB longterm
rating on CreditWatch negative.