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Chorus keeps upgrade hopes alive after NZ$683m debt reclassification
7:31am on Thursday 15th of October, 2026 AEDT
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Chorus keeps upgrade hopes alive after NZ$683m debt reclassification
7:31am on Thursday 15th of October, 2026 AEDT
Key Points
BBB rating and positive outlook retained
NZ$683 million of NIFF securities reclassified as 100% debt
Forecast FFO-to-debt falls to just above 13% through 2028
PQP3 regulatory settings emerge as a key upgrade test
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Chorus (ASX:CNU)
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