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Infratil Secures First Investment-Grade BBB+ Rating from S&P

Story Highlights
  • Infratil has been assigned an inaugural BBB+ investment-grade issuer rating by S&P.
  • The rating is expected to broaden funding options, cut financing costs and support growth.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Infratil Secures First Investment-Grade BBB+ Rating from S&P

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An update from Infratil Limited ( (IFUUF) ) is now available.

Infratil Limited has received its first investment-grade issuer credit rating of BBB+ with a stable outlook from S&P Global Ratings, reflecting the company’s stable funding base, significant permanent capital and consistent investment performance. Management says the rating is a strategic milestone that will broaden Infratil’s funding options, improve borrowing terms, and lower financing costs, enhancing its ability to tap new debt markets and support future growth, although the rating does not apply specifically to its listed Infrastructure Bonds.

More about Infratil Limited

Infratil Limited is a New Zealand-based investment company focused on long-term infrastructure and growth assets, relying on substantial permanent capital and a track record of strong investment performance to support its funding and expansion activities.

For a thorough assessment of IFUUF stock, go to TipRanks’ Stock Analysis page.

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