logo
Plus   Neg
Share
Email
Comment

3i Infrastructure Provides Pre-close Trading Update - Quick Facts

3i Infrastructure Plc (3IN.L) issued pre-close trading update for the year ending March 31, 2012, covering the period from April 1, 2011 to March 29, 2012.

The company noted that during the period, it invested 202.9 million pounds in the acquisition of Lakeside Network Investments from Vattenfall AB and in the second tranche of GVK Energy.

Further, 3i Infrastructure generated realisation proceeds of 132.6 million pounds in the period from the sale of the NGW Arqiva, Thames Water and Télédiffusion de France junior debt holdings, from the repayment of the I2 vendor loan notes and from the partial repayment of its shareholder loan by Eversholt Rail Group.

In addition, the company stated that its European portfolio is performing well operationally and financially, and continues to deliver a good yield. Eversholt Rail Group, in particular, continues to perform well and to generate strong cash flows, which have allowed it to repay a portion of its shareholder loan.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
BlackRock Inc., the world's largest asset manager, said it plans to speak with gun makers and distributors following public outcry after the Florida high school shooting that killed 17 people. BlackRock, which had $6.3 trillion in assets under management as of December 31, 2017, holds shares in gun makers Sturm Ruger & Co. Inc. as well as American Outdoor Brands Corp. An upgraded boarding in Southwest Airline will cost you more. The airline usually not assign seats to passengers, but one can choose from an open seat. The Upgraded Boarding will allow passengers to choose from A1 - A15 boarding positions. The cost for these positions would be $30, $40 and $50, depending on flight and route. This option can be availed from the ticket counter or gate. Citigroup Inc.'s co-head of mergers and acquisitions, Peter Tague, is leaving the company, according to media reports, citing people familiar with the matter. Tague has been co-head of Global M&A business at Citigroup since March 2012, alongside Cary Kochman and Mark Shafir. It was not immediately clear what Tague intends to do after he leaves Citigroup.
comments powered by Disqus
Follow RTT