Sydney Airport. Australia. Shutterstock.com
The entitlement offer is the latest in an unprecedented rush of capital raisings.
August 14, 2020 at 12:52 PM
1 minute read
Correspondent, Sydney
In the second-largest capital raising during the COVID-19 crisis, the Australian law firm Allens has acted for Sydney Airport in its $1.4 billion capital raising this week, while international law firm King & Wood Mallesons has acted for investment bank UBS.
Sydney Airport is seeking to raise approximately A$2 billion through a renounceable entitlement share offer.
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