Austalia's deals of the year: equity offering
Asciano Group's A$2.35 billion share sale allowed it to cut its net debt and rebuff the advances of the avaricious private equity companies. It wins Asiamoney's award for best equity offering in Australia over the past year.
BEST EQUITY OFFERING
Asciano Group A$2.35 billion equity offering
Bookrunners: RBS, UBS
Port and rail operator Asicano Group was in some serious trouble last year, burdened by a mountain of debt and lacking the money to pay for it.
With equity markets struggling in the early part of the year, Asciano
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