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Infratil buying back infrastructure bonds
Tuesday 5th of February 2013
Last week Infratil announced its intention to make selective on-market purchases of the bonds over the next six months, up to a maximum of 3.7 million bonds.
There are about $235 million of the bonds outstanding (face value).
Yesterday the firm bought 19,000 bonds at a price of 58c in the dollar ($11,020) and today it bought a further 80,000 at the same price ($46,400). ...
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