Infratil seeks cash through Z float, windfarm sell-down and bond issue

Fri, 08 Mar 2013

By Pattrick Smellie March 8 (BusinessDesk) - Infrastructure investor Infratil is seeking to fill its coffers for new, earlier stage investments through the part-sale of its 50 percent shareholding in Z Energy, the possible part-sale of an Australian windfarm, and the potential to issue a low-interest 10 year bond. The strong potential for a float of between 40 percent and 60 percent of Z was announced as being in prospect by Infratil and its 50/50 joint venture partner the New Zealand Government Superannuation Fund this morning at an Infratil...

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