8th Nov 2011 07:00
8 November 2011
John Laing Infrastructure Fund Limited (the "Company" or "JLIF")
JLIF announces the completion of the acquisition of two new assets
Following the successful raising of £130.7 million, JLIF today announces the completion of the acquisition of two new PFI/PPP infrastructure assets from John Laing Group for £48.6 million. This is as outlined in the prospectus issued on 29th September 2011.
As planned, the remaining proceeds are being used to acquire seven further assets, already identified, as well as to repay debt incurred by the Fund in acquiring a 50% stake in Forth Valley Royal Hospital. The assets, which JLIF has completed the acquisition of are:
·; LUL Connect (CityLink)
·; M6 Scotland
Contacts:
JLIF Investment Adviser Tel: 020 7901 3314
David Marshall
Andrew Charlesworth
RLM Finsbury Tel: 020 7251 3801
Faeth Birch
Philip Walters
Related Shares:
John Laing Infrastructure Fund