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CHORUS LIMITED — Capital/Financing Update 2024
Jun 30, 2024
64680_rns_2024-06-30_103cd37f-bc18-4b76-bb14-088f0dfe4434.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
1 July 2024
Commerce Commission confirms PQP2 WACC
The Commerce Commission has today released its cost of capital determination for Chorus’ price quality path for the second regulatory period from 2025 to 2028. The Commission has determined a mid-point vanilla WACC of 7.68% and a post-tax WACC of 7.17%.
- The Commission decision is available here Commerce Commission Cost of capital guidelines and determinations (comcom.govt.nz)
Authorised by:
Katrina Smidt Acting Chief Financial Officer
ENDS
For further information:
Brett Jackson Investor Relations Manager Phone: +64 4 896 4039 Mobile: +64 (27) 488 7808 Email: [email protected]
Vicki Gan Media and Content Manager Phone +64 99752940 Email: [email protected]