INTERNATIONAL PUBLIC PARTNERSHIPS LIMITED

International Public Partnerships Limited

Equities

INPP

GB00B188SR50

Investment Management & Fund Operators

Market Closed - London S.E. Other stock markets 11:35:13 2024-04-24 am EDT			5-day change	1st Jan Change
122.2 ^GBX	-2.40%		+1.16%	-11.06%

Apr. 19	International Public Partnerships Limited Appoints Giles Adu as Non-Executive Director, Effective 1 September 2024	CI
Mar. 28	International Public Partnerships Limited Reports Earnings Results for the Full Year Ended December 31, 2023	CI

International Public Partnerships increases and extends debt facility

April 21, 2023 at 03:24 am EDT

(Alliance News) - International Public Partnerships Ltd on Friday said it has amended the terms of its corporate debt facility to support its investment pipeline.

The company has agreed to increase the size of its existing CDF to GBP350 million from GBP250 million. Further, it has retained a flexible 'accordion' component which would, subject to lender approval, allow for a further increase in the size of the facility to GBP400 million.

The maturity date of the CDF has also been amended from March 2024 to June 2025.

The key pricing terms of the CDF remain unchanged, as does the banking group providing the loan. This includes National Australia Bank Ltd, Royal Bank of Scotland PLC, Sumitomo Mitsui Banking Corp and Barclays PLC.

The funding available under the CDF will be used to finance the INPP's investment pipeline, including the Moray East OFTO and its portfolio of five operational assets in New Zealand.

Shares in INPP were down 0.3% to 143.80 pence each in London early Friday

By Sophie Rose; Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Stocks mentioned in the article

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
SUMITOMO MITSUI FINANCIAL GROUP, INC.	8,860 JPY	+0.83%	+2.69%	74.61B
BARCLAYS PLC	191.1 GBX	-0.57%	+6.22%	35.87B
INTERNATIONAL PUBLIC PARTNERSHIPS LIMITED	122.2 GBX	-2.40%	+1.16%	2.97B
NATIONAL AUSTRALIA BANK LIMITED	34 AUD	+0.47%	+1.92%	67.81B

Latest news about International Public Partnerships Limited

International Public Partnerships Limited Appoints Giles Adu as Non-Executive Director, Effective 1 September 2024	Apr. 19	CI
International Public Partnerships Limited Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 28	CI
Transcript : International Public Partnerships Limited, 2023 Earnings Call, Mar 28, 2024	Mar. 28
International PPL ups dividend and "confident" in long-term prospects	Mar. 28	AN
International Public Partnerships' FY23 Profit, Total Income Tumble	Mar. 28	MT
International Public Partnerships Limited Declares Dividend for the Period from 1 July 2023 to 31 December 2023, Payable on 13 June 2024; Provides Dividend Guidance for the Full Year 2024 and 2025	Mar. 28	CI
In BRIEF: International Public Partnerships closes on Moray East asset	Feb. 16	AN
International Public Partnerships Consortium Closes Purchase of Transmission Assets Offshore Scotland	Feb. 16	MT
International Public Partnerships Limited commences an Equity Buyback Plan for 286,495,345 shares, representing 14.99% of its issued share capital, under the authorization approved on May 31, 2023.	Jan. 23	CI
International PPL to invest up to GBP85 million in Moray East project	Dec. 20	AN
International Public on track to meet dividend target	Dec. 05	AN
FTSE 100 Closes Up 0.21% on Pound Weakness	23-09-07	DJ
Transcript : International Public Partnerships Limited, H1 2023 Earnings Call, Sep 07, 2023	23-09-07
UK Inflation Expectations Fall, Boosting Prospects for BOE Rate Pause	23-09-07	DJ
International Public Partnerships Limited Reports Earnings Results for the Half Year Ended June 30, 2023	23-09-07	CI
UK Gilt Yields Fall on Rising Expectations of a BOE Rate Pause	23-09-07	DJ
FTSE 100 Falls After Weak Performance in Asian Markets	23-09-07	DJ
International Public Partnerships increases annual dividend target	23-09-07	AN
Sterling Could Fall on Expectations of a BOE Rate Pause	23-09-07	DJ
International Public Partnerships Logs Lower H1 Profit	23-09-07	MT
International Public Partnerships Limited Declares Dividend for the First Half of 2023, Payable on 17 November 2023	23-09-07	CI
INPP aims to reduce share price discount to net asset value	23-07-26	AN
Thames Water appoints new chair as questions on future swirl	23-06-29	AN
UK’s International Public Partnerships Clarifies Tideway's Stake in Thames Water	23-06-29	MT
International PPL says investee Tideway separate from Thames Water	23-06-29	AN

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Company Profile

International Public Partnerships Limited is a Guernsey-based closed-ended investment company. The Company's investment objective is to provide its investors with stable, long-term, inflation-linked returns, based on growing dividends and the potential for capital appreciation. It seeks to achieve this by investing in a diversified portfolio of infrastructure assets and businesses which, through its active management, meets societal and environmental needs. The Company invests in public or social infrastructure assets and related businesses located in the United Kingdom, Australia, Europe, North America and other parts of the world. The Company has 138 investments across energy transmission, education, transport, health, courts, wastewater, police, military housing and other sectors. It invests in various geographies, such as United Kingdom, Australia, Belgium, Germany, United States, Canada, Ireland and Denmark. Its investment adviser is Amber Fund Management Limited.

Sector

Investment Management & Fund Operators

Calendar

2024-06-29 - Q2 2024 Earnings Release

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

1.252 GBP

Average target price

1.4 GBP

Spread / Average Target

+11.82%

Consensus

Annual profits - Rate of surprise

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