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Infratil Limited ( (IFUUF) ) has provided an update.
Infratil Limited has opened an Exchange Offer for its New Zealand resident bondholders, allowing them to exchange their maturing IFT250 bonds for new seven-year unsecured, unsubordinated, fixed-rate infrastructure bonds. The new bonds, which will mature in June 2032, offer an interest rate of 6.16% per annum. This move is part of Infratil’s strategy to manage its debt portfolio and provide continued investment opportunities for its stakeholders, with the new bonds being quoted on the NZX Debt Market under the ticker code IFT370.
More about Infratil Limited
Infratil Limited is a New Zealand-based company that operates in the infrastructure sector, focusing on investments in energy, transport, data, and social infrastructure. The company is known for its strategic investments in essential services and infrastructure projects, positioning itself as a key player in the infrastructure market.
For a thorough assessment of IFUUF stock, go to TipRanks’ Stock Analysis page.