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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

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