LONDON (Dow Jones)--3i Infrastructure Plc (3IN.LN), a closed-ended investment company, announced Thursday for the period from April 1 to Sep. 30, that the company is in a strong financial position, with substantial cash resources.
MAIN FACTS:
-The companies in 3i Infrastructure's portfolio continue to perform satisfactorily and the portfolio continues to deliver an attractive yield.
-While there is evidence of an improvement in the market outlook, the pace of the recovery differs across geographies and conditions for new investment remain challenging.
-The company is encouraged by the pipeline of investment opportunities for the second half, although market volatility means final-stage completion risk on individual deals remains high.
Full Story...
Posted by rjorr at October 1, 2009 8:01 AM