Asian Pay Television Trust launches Singapore IPO

The business trust with a focus on media assets seeks to raise up to $1.1 billion, with a price range indicating a 2014 yield of more than 8%.
<div style="text-align: left;"> Asia Pay Television Trust will comprise the pay TV and broadband businesses of Taiwan Broadband Communications</div>
<div style="text-align: left;"> Asia Pay Television Trust will comprise the pay TV and broadband businesses of Taiwan Broadband Communications</div>
May 03, 2013

Asian Pay Television Trust (APTT) started the institutional bookbuilding yesterday for its initial public offering in Singapore, aiming to raise up to S$1.39 billion ($1.1 billion). The trust will comprise the pay TV and broadband businesses of the Taiwan Broadband Communications group.

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