Chorus' $170M Capital Notes Offer Advised by Chapman Tripp
Deal News | Jun 09, 2025 | Chapman Tripp
Chorus Limited has made a significant entry into the New Zealand debt markets with its inaugural offer of $170 million capital notes. The transaction was advised by Chapman Tripp, marking an important milestone for both the company and the market. As a leading provider of telecommunications infrastructure, Chorus aims to diversify its funding sources and strengthen its financial positioning through this offer. The successful advising role by Chapman Tripp underscores their expertise in handling complex transactions in the financial sector.
Sectors
- Telecommunications Infrastructure
- Financial Services
Geography
- New Zealand – Both Chorus Limited, the target company, and Chapman Tripp, the advising firm, are based in New Zealand where this financial transaction took place.
Industry
- Telecommunications Infrastructure – Chorus Limited is involved in providing telecommunications infrastructure, which forms the basis of its business operations and the context of this capital notes offering.
- Financial Services – Chapman Tripp's role in advising the capital notes offer highlights the involvement of financial advisory services in the transaction.
Financials
- $170 million – The total value of the capital notes being offered by Chorus Limited.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Chorus Limited | Target Company | Company | Chorus Limited is a leading telecommunications infrastructure provider in New Zealand. |
| Chapman Tripp | Legal Advisor | Company | Chapman Tripp is a top-tier New Zealand law firm advising Chorus on its capital notes issuance. |