Infratil Limited (IFUUF) has released an update.
Infratil Limited has successfully closed the Firm Offer process for its 7½ year infrastructure bonds, raising $175 million, which includes $100 million in oversubscriptions. The interest rate for these bonds, maturing on December 17, 2031, is set at 7.06% per annum. These bonds will be listed on the NZX Debt Market and an additional offer will be made to existing IFT230 bondholders.
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