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.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.