skip to content

Bids, Mergers and Takeovers

3i Infrastructure completes Infinis acquisition

09 December 2016 08:56

3i Infrastructure has completed the acquisition of 100% of Infinis and its subsidiaries, which was announced on 31 October.

3i Infrastructure has invested £185m.

In connection with the transaction, 3i Infrastructure's wholly-owned subsidiary, 3i LFG Limited, has entered into a committed financing facility with BNP Paribas Fortis, Lloyds Bank and The Royal Bank of Scotland for the purposes of refinancing the outstanding 7.0% senior notes due 2019 issued by Infinis during Q1 2017.

Drawdown of the cFacility is subject to satisfaction of customary conditions.

At 8:56am: (LON:3IN) 3i Infrastructure Ltd share price was -0.15p at 186.15p

Story provided by StockMarketWire.com

Related Company: 3IN

Info Point:

To buy or sell shares call our Dealing Room on 0113 243 6941.

Too much jargon? Our glossary will help make sense of things.

Find out more about our Share Dealing Services.

Client Area Access

» Secure Login

» Not registered yet?

-

Branch Finder

Redmayne-Bentley have High Street branches throughout the UK. Find your nearest branch.