IFT Successfully Completes Institutional Placement

  • Jun 10, 2020 NZST
  • Team Kalkine
IFT Successfully Completes Institutional Placement

Infratil Limited (NZX:IFT) has successfully finished the fully underwritten institutional placement which was declared on 09 June 2020. SPP (share purchase plan) also announced on the same day, shall be open for applications on Friday, 12 June 2020.

  • The placement raised $250 million at a price of NZ$4.76, indicating a discount of 8.0% to the last closing price of NZ$5.175 on 8 June 2020;
  • The settlement of the placement is likely to occur on Friday, 12 June 2020 on the ASX and Monday, 15 June on the NZX;


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