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John Laing Infrastructure Fund Raises GBP242.3M To Repay Debts, Buy PPP Projects

3rd Oct 2013 08:21

LONDON (Alliance News) - John Laing Infrastructure Fund Limited Thursday said it has raised GBP242.3 million through the issue of 218.3 million new shares.

The proceeds will be used repay debt and to acquire a new portfolio of three public-private partnership projects for GBP103 million.

The stock was trading at 113.10 pence Thursday, down 0.10p.

By Anthony Tshibangu; [email protected]; @AnthonyAllNews

Copyright 2013 Alliance News Limited. All Rights Reserved.


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