Wealth Manager - the site for professional investment managers

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

Hicl to raise £50m in new equity

Hicl to raise £50m in new equity

Hicl is to raise an additional £50 million through a tap issuance.

The £1.5 billion infrastructure investment trust has proven a hit with investors of late with demand for its diversifying income stream, having pushed the vehicle to a premium of 16.1%. Over the past year the trust has returned 11.7% in share price terms.

The new issuance will see just over 37 million shares created with the book build due to be completed by 18 June.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Your Business: Cover Star Club

Profile: meet the Sanlam duo taking the fight to SJP

1 Comment Profile: meet the Sanlam duo taking the fight to SJP

Two recent hirees have been charged with melding the business into an all-singing, all-dancing vertically integrated machine

Wealth Manager on Twitter