Bangkok SkyTrain fund sets $1.4 billion Thai IPO record

The infrastructure fund prices its offering at the top of the range in Thailand’s biggest ever IPO.
<div style="text-align: left;"> Bangkok: The city's SkyTrain is leading the development of mass-transit rail as a national priority </div>
<div style="text-align: left;"> Bangkok: The city's SkyTrain is leading the development of mass-transit rail as a national priority </div>
April 08, 2013

BTS Group’s infrastructure fund has raised Bt41.7 billion ($1.4 billion) from yield-hungry investors, becoming the first initial public offering of an infrastructure fund in Thailand and the biggest IPO ever in the country.

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