Infratil Limited (IFUUF) has released an update.
Infratil Limited has successfully completed a significant equity raise of NZ$1,000 million through a share placement at a discounted rate, drawing high interest and surpassing demand expectations. The capital injection is set to bolster investments, particularly in the Trans-Tasman data centre platform, CDC. Following the placement, a Retail Offer will open, allowing retail shareholders to participate in the equity raising.
For further insights into IFUUF stock, check out TipRanks’ Stock Analysis page.
