New Issue - Infratil Infrastructure Bonds

Jan 10, 2014 | Offers

New Issue - Infratil Infrastructure Bonds

Happy New Year to you all, we hope that you have all enjoyed the festive season and are energised to make the most of 2014.

Infratil Limited has issued a Simplified Disclosure Prospectus for an offer of unsecured unsubordinated Infrastructure Bonds maturing 15 November 2019, which carry a coupon of 6.75% per annum. The offer is now open and investors can apply for the bonds through the application form in the Simplified Disclosure Prospectus which can be accessed via the below link.

http://www.infratil.com/assets/Uploads/ift-sdp-2019.pdf

We also have copies of the application form at our office for your convenience.

If you are looking for Bond exposure, these bonds are preferred as they are paying a fair coupon of 6.75% and the maturity of 6 years is reasonably short for a new issue. We prefer shorter maturity bonds as interest rates are predicted to increase over the next few years, therefore it's not the right time in the interest rate cycle to be locking in long term interest rates. If you would like to discuss this issue, please contact your advisor.

View all news




About the author



Jarrod Goodall



Related Tags



Bond Investment Offer New Issue Infratil IFT.nz IFT200 yield



Comments


Leave a Comment