| Details | |||
|---|---|---|---|
| Website | Christchurch City Holdings Limited | ||
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Description |
Christchurch City Holdings Limited (CCHL) was set up 1993 in response to calls for a confidential independent non-political buffer between the Council and the companies it owned. CCHL therefore ensures that a commercial approach is taken to managing the interface with the Council’s companies. The Council’s investment in CCHL and its subsidiary companies was independently valued at over $2 billion in June 2016. CCHL has a Standard and Poor’s credit rating of A+ stable outlook. |