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You are here: Announcement

Tuesday 08 November, 2011


RNS Number : 6457R
John Laing Infrastructure Fund
08 November 2011
 



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

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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