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Infratil Limited ( (IFUUF) ) has issued an update.
Infratil Limited has successfully completed a bookbuild process for its new 7-year fixed-rate infrastructure bonds, allocating $100 million, including $50 million in oversubscriptions. The interest rate for these bonds has been set at 6.16% per annum, comprising an issue margin of 2.30% and a base rate of 3.86%. These bonds will be issued on June 16, 2025, and listed on the NZX Debt Market. This move is part of Infratil’s strategy to manage its debt portfolio and offer additional bonds to existing bondholders, potentially enhancing its financial stability and market position.
More about Infratil Limited
Infratil Limited is a New Zealand-based company that operates in the infrastructure sector. It focuses on investing in and managing a diverse portfolio of infrastructure businesses, including energy, transport, data, and social infrastructure, with a significant presence in the Australasian market.
For an in-depth examination of IFUUF stock, go to TipRanks’ Stock Analysis page.