RiverCity Motorway readies A$725 million public offering

Arrangers consider an Asian roadshow to tap local demand for infrastructure projects.

RiverCity Motorway, the winning consortium behind BrisbaneÆs north-south bypass tunnel, will lodge the prospectus for its A$725 million $540 million equity fund raising on Friday with the institutional bookbuild set to start two weeks later.

The prospectus will outline the economics of BrisbaneÆs first privately-operated toll road and detail the structure of the IPO which is being arranged and underwritten by financial sponsors ABN AMRO Rothschild.

A source close to the deal says the IPO is likely to follow...

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