On 9 November, Chorus revealed plans for a New Zealand dollar retail-bond deal for up to NZ$200 million (US$135.8 million) with the ability to take oversubscriptions. The deal will come in either or both seven- and 10-year tranches and is expected to launch in the week beginning 16 November. ANZ is arranger and lead manager alongside Craigs Investment Partners, Forsyth Barr and Westpac Banking Corporation New Zealand Branch.