HSBC Infrastructure Issues 1M New Shares

13th Jul 2010 11:50

LONDON (Dow Jones)--HSBC Infrastructure Co. Ltd (HICL.LN), a British investment company dedicated to PFI investments, said Tuesday it has issued for cash 1 million new ordinary shares of 0.01 pence each in the company at a price of 112.5 pence per share, before expenses. MAIN FACTS: -Net proceeds will be used for general corporate purposes. -Shares at 1048 GMT up 0.5 pence or 0.4%, at 113.1 pence, valuing the company at GBP517.2 million. -By Tapan Panchal, Dow Jones Newswires. Tel +44(0)207-842 9448, [email protected] (END) Dow Jones Newswires July 13, 2010 06:50 ET (10:50 GMT)