Infratil defers opening of sale of 2022 bonds to amend prospectus for Labour-Greens plan

Tue, 23 Apr 2013

April 24 (BusinessDesk) – Infratil, the Wellington-based investment group managed by Morrison & Co, says its sale of up to $100 million of June 2022 bonds won’t open as planned today because it needs to amend the prospectus for the Labour Party-Greens power plan. “Although the prospectus discloses changes in the regulatory environment as one of the principal risks of an investment in infrastructure bonds, the amendment will include additional information about the Labour-Green proposals so that prospective bond investors can consider that add...

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