Draw down of commitment

RNS Number : 7840N

3i Infrastructure PLC

24 February 2009

 



3i Infrastructure plc

24 February 2009

Draw down of commitment into the 3i India Infrastructure Fund 

The Board of 3i Infrastructure plc notes today's announcement by 3i Group plc of the investment made by the 3i India Infrastructure Fund ('the Fund') in Krishnapatnam Port Company Ltd ('Krishnapatnam Port').  The Board confirms the Fund has drawn down net commitments of US$32.9 million (£23 million) from 3i Infrastructure plc to provide funding for the investment in Krishnapatnam Port. 

In total, the Fund has now drawn down 41.3% of 3i Infrastructure plc's US$250 million commitment to the Fund.

For information please contact:

Peter Sedgwick	Chairman, 3i Infrastructure plc	[phone]
Stephen Halliwell	CFO, Infrastructure, 3i Investments plc	[phone]
Silvia Santoro	Investor enquiries	[phone]
Jennifer Letki	Press enquiries	[phone]

3i Infrastructure is a Jersey-incorporated, closed-ended investment company that invests in infrastructure businesses and assets and is regulated by the Jersey Financial Services Commission. The Company listed on the London Stock Exchange on 13 March 2007 and is a constituent of the FTSE 250 index.

3i Investments plc, a wholly-owned subsidiary of 3i Group plc, which is regulated in the UK by the Financial Services Authority, acts as Investment Adviser to 3i Infrastructure. 

This press release is not for distribution (directly or indirectly) in or to the United States, Canada, Australia or Japan and is not an offer of securities for sale in or into the United States, Canada, Australia or Japan. Securities may not be offered or sold in the United States absent registration under the U.S. Securities Act of 1933, as amended (the 'Securities Act'), or an exemption from registration under the Securities Act. Any public offering to be made in the United States will be made by means of a prospectus that may be obtained from the issuer or selling security holder and will contain detailed information about 3i Group plc, 3i Infrastructure plc, 3i India Infrastructure Fund and management, as applicable, as well as financial statements. No public offering in the United States is currently contemplated.

 

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