Infratil Limited (IFUUF) has released an update.
Infratil Limited has launched a new offer of six-year unsecured, unsubordinated fixed-rate bonds, maturing in December 2030, aimed at New Zealand investors. The offer includes a $50 million Firm Offer and a $100 million Exchange Offer, providing existing bondholders the chance to exchange maturing bonds for new ones. The bonds promise a minimum interest rate of 6% per annum, with the final rate set to be announced following a bookbuild process.
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