BTS Group eyes $1 billion IPO of Thailand’s first infrastructure fund

The BTS SkyTrain operator’s infrastructure fund is expected to start trading in April, and could open the door for further issuance.
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BTS SkyTrain: Cashflows from ticket sales will be injected into the fund
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<div style="text-align: left;"> BTS SkyTrain: Cashflows from ticket sales will be injected into the fund </div>

Bankers started pre-marketing on Friday for an initial public offering of BTS Group’s infrastructure fund, which is aiming to raise about $1 billion. If successful, it will be the country’s first infrastructure fund, as well as its biggest IPO on record.

¬ Haymarket Media Limited. All rights reserved.

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