JLIF agrees largest portfolio acquisition since IPO
12th Jul 2013 07:22
John Laing Infrastructure Fund (JLIF) has agreed its largest portfolio acquisition since its initial public offering in 2010. The infrastructure investment group has bought 11 operational and yielding assets from Investors in the Community (IIC) for £123m. The acquisition will bring the total num
Read moreJohn Laing Infrastructure Fund proposes equity issue
27th Jun 2013 07:44
FTSE 250-listed closed-ended investment company John Laing Infrastructure Fund(JLIF) has proposed raising up to 35m pounds before costs through a placing of ordinary shares in the capital of the company by way of tap issuance. The company said that the net proceeds would be used towards paying dow
Read moreJohn Laing gives upbeat, if slightly cautious, update
10th May 2013 08:26
John Laing (JLIF), the private public partnership (PPP) infrastructure investment company, has posted 2.1 per cent underlying growth in the first quarter of 2013, equal to 8.7 per cent on an annualised basis. It said the actual portfolio value increased by £10.7m to £548.1m during the period, in w
Read moreJohn Laing acquires stake in Peterborough Hospital
11th Apr 2013 08:14
John Laing Infrastructure Fund, the FTSE 250 listed closed-end investment company, has announced the acquisition of a 30 per cent stake in Peterborough Hospital. The purchase - its second this year - was made for a total consideration of £26.7m, in line with the current valuation methodology for s
Read moreTuesday tips round-up: Berkeley Homes, Ophir Energy, John Laing
19th Mar 2013 06:56
After having frozen its dividend for several years, so as to dedicate funds to the purchase of lands, Berkeley Homes has now decided that the time has come to change tack and reward sharehodlers. In fact, its capital repayment programme is the largest in the sector. Having said that, for the Times´s
Read moreLondon close: Stocks trim losses as bank-run fears subside
18th Mar 2013 16:44
After registering sharp declines early on, stock markets across Europe had clawed back losses by the close of trade on Monday, as concerns of a contagious bank run across the Eurozone periphery were eased. Markets suffered a steep sell-off in the morning session after this weekend's controversial b
Read moreFTSE 250 movers: Essar Energy gains on news of new CFO
18th Mar 2013 16:04
India-focused energy firm Essar gained after saying that Chief Financial Officer P Sampath will be succeeded by Deepark Maheshawri, who has a "strong track record of providing strategic financial and capital markets advice across a number of industries". John Laing Infrastructure Fund, a public pr
Read moreLondon open: Fears of Cypriot bank run sink stocks after bailout deal
18th Mar 2013 08:27
Fears of a bank run in Cyprus and contagion across the wider Eurozone sparked a mass sell-off on European stock markets on Monday, as the Eurozone debt crisis rears its ugly head once again. Analysts at UniCredit said in their morning note to clients that markets would be in a "risk-off mood" today
Read moreStrong full year at John Laing Infrastructure
18th Mar 2013 07:16
John Laing Infrastructure Fund (JLIF), a public private partnership infrastructure firm, posted a solid increase in its annual portfolio value while lifting net asset value and its dividend payment. Its portfolio value increased 41.3% to £537.4m for the year ended December 31st 2012, including acqu
Read moreJohn Laing Infrastructure secures credit facility to fund acquisitions
27th Feb 2013 14:45
John Laing Infrastructure Fund (JLIF), a public private partnership infrastructure firm, has secured a 150m-pound credit facility with Lloyds TSB Bank, Royal Bank of Scotland (RBS) and ING Bank. The three-year revolving credit facility will replace the existing £75m facility with RBS. Funds will b
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