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IFT Infratil Ltd

11.32
-0.02 (-0.18%)
04 Dec 2024 - Closed
Delayed by 20 minutes
Share Name Share Symbol Market Type
Infratil Ltd ASX:IFT Australian Stock Exchange Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.02 -0.18% 11.32 11.32 11.59 11.35 11.20 11.35 202,147 07:50:00

Z Energy Says NZ$100 Million Bond Offer Oversubscribed, To Sell Extra NZ$35 Million

18/07/2012 1:01am

Dow Jones News


Infratil (ASX:IFT)
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   By Lucy Craymer 
 

WELLINGTON--Z Energy Ltd. said late Tuesday that its NZ$100 million ($79.1 million) fixed rate 7-year bond offer has been oversubscribed and that it will take an additional NZ$35 million of subscriptions.

It said the offer, which has no public pool, will be open until Aug. 10.

Z Energy is jointly owned by Infratil Ltd. (IFT.NZ) and the New Zealand Superannuation Fund. It purchased the New Zealand downstream assets of Royal Dutch Shell PLC (RDSA) in April 2010.

Write to Lucy Craymer at lucy.craymer@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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