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Chorus Limited (NS) — Capital/Financing Update 2018
Jul 3, 2018
66180_rns_2018-07-03_6de53347-869d-4828-ac40-6fe83dd48cbb.pdf
Capital/Financing Update
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Chorus Limited Level 10, 1 Willis Street P O Box 632 Wellington New Zealand Email: [email protected]
STOCK EXCHANGE ANNOUNCEMENT
3 July 2018
Moody’s updated credit opinion
Moody's Investors Services has released the attached updated credit opinion on Chorus. The long term rating remains unchanged at Baa2 (outlook stable).
It also notes that a transition to a regulated utility model could support a higher leverage profile within Chorus’ Baa2 credit rating.
ENDS
For further information:
Brett Jackson Investor Relations Manager Phone: +64 4 896 4039 Mobile: +64 (27) 488 7808 Email: [email protected]
Andrew Hopkinson Treasurer Phone: +64 4 896 4014 Mobile: +64 (27) 249 5678 Email: [email protected]