Pantheon Infrastructure has announced plans to raise £250m via a C share issue through a placing, an offer for subscription and an intermediaries offer at an issue price of 100p per C share.
The company has made significant progress in investing the IPO proceeds since launch in November 2021, and has identified an extensive pipeline of new opportunities. The £470m investment trust is currently trading on a premium of 5.1% according to the AIC. In a statement published today (14 September), the board said the issue would enable the company to "acquire further attractive private infrastructure assets, including those in advanced due diligence and preliminary due diligence, thus enhancing the potential for portfolio diversification". It added that a larger AUM would help ...
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