Infratil Limited (IFUUF) has released an update.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
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.
For further insights into IFUUF stock, check out TipRanks’ Stock Analysis page.