Infratil (ASX:IFT, NZE:IFT) is considering a new offer of unsecured, unsubordinated, fixed-rate infrastructure bonds to New Zealand investors, according to a Thursday filing with the New Zealand and Australian bourses.
The potential offer, subject to market conditions, would be structured in two parts: a firm offer expected to open on May 29 and close on June 4, and an exchange offer set to run from June 5 to 11.
The bonds are expected to be listed on the New Zealand debt market, the filing added.
The company noted that no funds are currently being sought.