Infratil Limited (IFUUF) has released an update.
Infratil Limited has launched a new fixed-rate bond offer for New Zealand investors, with options for both a firm offer and an exchange offer for maturing bonds. The 7½ year unsecured bonds, set to mature in December 2031, promise a minimum interest rate of 6.75% per annum. Interested investors can participate in the bookbuild process or exchange their maturing IFT230 bonds for the new issuance.
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