Amata B Grimm Power sets price range for fund spin-off

By Rev Hui
13 Sep 2013

Thai power producer Amata B Grimm Power Group has released the price range for its Bt6.5bn ($201m) fund spin-off IPO.

The 600m units for the Amata B Grimm Power Plant Infrastructure Fund are being pitched to investors at Bt10.30-Bt11.00 and a dividend yield of 7.2%-7.5% per year, although a return of 15.5% is expected in the first year because of an 8% capital reduction.

Amata B Grimm is ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

Oops, something went wrong

We're sorry but at the moment we can't load this data