MARKETS

Infratil looks to raise NZ$50M

NEW Zealand utility Infratil is looking to raise NZ$50 million (A$46.9M) on the Australian Stock Exchange via a share purchase plan as part of its larger NZ$250 million institutional placement which has already been fully subscribed.

Mark Tilly

Part of broader NZ$300M capital raise

The share purchase plan is open to Infratil shareholders who were recorded as having a registered address in New Zealand or Australian as of June 5, Infratil said. The price of these shares will...

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