Infratil Receives Investment Grade Credit Rating
Key points
- Infratil assigned inaugural issuer investment grade BBB+ credit rating by S&P Global Ratings
- Rating reflects Infratil's stable funding, substantial permanent capital, and strong investment performance
- Securing investment-grade credit rating is a key milestone to broaden funding options and reduce financing costs
Full summary
Infratil Limited (Infratil) is pleased to announce that S&P Global Ratings has assigned Infratil an inaugural issuer investment grade BBB+ credit rating with a stable outlook. The credit rating reflects Infratil's stable funding, underpinned by substantial permanent capital and a track record of strong investment performance. Andrew Carroll, Infratil's CFO, stated that securing an investment-grade credit rating is a key milestone in Infratil's strategy to broaden funding options, enhance borrowing terms, and reduce financing costs. After nearly three decades of strong funding support, Infratil's scale and this rating positions the company to access new debt markets and strengthens its capacity for future growth.
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