** Shares of Dalrymple Bay Infrastructure DBI.AX extend gains; up as much as 5.3% at A$4.78, biggest intraday pct gain since April 23** Co earlier in the week announced financial close of new loan facilities totaling A$1.07 billion ($709.73 million)** Morgans notes that refinancing indicates co's cost of new debt reduced 'dramatically'** Hikes price target to A$5.10 from A$4.73 on assumptions of lower cost of capital, rated "Accumulate"** 5 of six analysts rated "Buy" or higher on shares and one recommends to "Hold"; median PT of A$5.03 - data compiled by LSEG

**YTD, shares up 31.9%

($1 = 1.5076 Australian dollars)

(Reporting by Nichiket Sunil in Bengaluru)

((Nichiket.Sunil@thomsonreuters.com))