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News on New Investment

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Infratil has announced today its intention to raise up to $100 million in unsecured unsubordinated bonds. The term is for nine years with a maturity date of June 2022. The coupon has been set at 6.85%. Unlike in previous issues the bonds offered under this prospectus will not be redeemed for shares in Infratil under any circumstances.

The funds being raised are for general corporate purposes and further extend the company's longer term debt profile.

The offer opens on the 23rd of April on a first come first served basis.