In today’s briefing:
- Infratil Placement – Riding the AI Wave, but Deal Timing Seems Opportunistic
Infratil Placement – Riding the AI Wave, but Deal Timing Seems Opportunistic
- Infratil Ltd (IFT NZ) aims to raise around US$613m (NZ$1bn) via an institutional placement.
- Proceeds from the placement will be used to fund IFT’s share of capex for its data center arm, CDC.
- In this note, we will talk about the placement and run the deal through our ECM framework.
💡 Before it’s here, it’s on Smartkarma
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