Amata B. Grimm sets range for infrastructure fund IPO
Thailand power producer Amata B.Grimm Power Group has released the indicative price range for its Bt6.5bn ($201m) Amata B. Grimm Power Plant Infrastructure Fund on September 4.
The 600m units will be pitched to investors at an indicative price range of Bt10.30-Bt11 and a dividend yield of 7.2%-7.5% per year, although a return of 15.5% is expected in the first year due to a 8% capital reduction.
Amata B.Grimm is looking to hold a 27.5%-33%
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: firstname.lastname@example.org
To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: email@example.com or find out more online here.