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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
4 mins to read

Will they, won’t they spend $1 billion? Yes, maybe, says Infratil

Infratil has about $1 billion dollars of cash and committed debt facilities available and it thinks it can achieve better returns from spending it than from returning capital to shareholders.

Jenny Ruth
Thu, 12 Nov 2015

Infrastructure investor Infratil [NZX: IFT] is sitting on a little over $1 billion of “dry powder,” something its chief executive Marko Bogoievski describes as “a nice, high-quality problem.”

But the company doesn’t want to give it back to shareholders, or at least not yet, because of the

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Jenny Ruth
Thu, 12 Nov 2015
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Will they, won’t they spend $1 billion? Yes, maybe, says Infratil
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