Infratil Successfully Closes $100 Million Infrastructure Bond Offer

Infratil Limited ( (IFUUF) ) has shared an update.

Infratil Limited has successfully closed its Firm Offer of 7-year unsecured, unsubordinated, fixed-rate infrastructure bonds, allocating $100 million, including $50 million in oversubscriptions. The Issue Margin for these bonds is set at 2.30% per annum, with the interest rate to be announced later. This move reflects Infratil’s strategic efforts to strengthen its financial position and support its infrastructure investments, potentially impacting its market positioning and stakeholder interests.

More about Infratil Limited

Infratil Limited is a New Zealand-based company operating in the infrastructure sector. It focuses on investments in energy, transport, data, and social infrastructure, aiming to deliver sustainable returns to its stakeholders.

See more data about IFUUF stock on TipRanks’ Stock Analysis page.