Infratil mulls new six-year bond as November maturity looms

Mon, 15 Oct 2012

Oct. 15 (BusinessDesk) - Infratil, the Wellington-based investment company, is considering a new six-year bond as $57.4 million in debt matures next month. The company is looking at an unsecured, unsubordinated fixed interest bond from a fresh offer, and rolling over investments in notes that mature in November, it said in a statement. The funds raised will be used to refinance the 2012 Infrastructure Bonds and for general corporate purposes, it said. Infratil said it won't convert the 2012 bond into shares in the company. Rather it will re...

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