Auckland Intl Airport Placement - Enough Runway but Uncertain if It Could Take Off

APAC IPOs & Placements

Zhen Zhou, Toh

IPOs and Placements coverage across Asia Pacific

Aequitas Research

We cover all listing across the Asia Pacific along with follow-up placements. As of Dec 2020, our team had covered 539 IPOs with a hit rate of 73.5% and 685 placements with a hit rate of 66.8%.

We combine fundamental bottom-up views with our proprietary quantitative framework to provide a holistic coverage across new listings and placements. Our coverage includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis as well.

Equity Capital Markets

<p><a href="https://www.smartkarma.com/entities/sydney-airport" target="_blank" data-smartkarma-citation="entities:19063:1" rel="noopener">Sydney Airport (SYD AU)</a> is looking to raise US$1.4bn (AUD2bn) via a 1 for 5.15 accelerated renounceable entitlement offer. Proceeds raised will be used to strengthen balance sheet.</p>
<p>In this note, we will look at the impact of entitlement offer, deal dynamics and run the deal through our framework.</p>

Sydney Airport (SYD AU) is looking to raise US$1.4bn (AUD2bn) via a 1 for 5.15 accelerated renounceable entitlement offer. Proceeds raised will be used to strengthen balance sheet.
In this note, we will look at the impact of entitlement offer, deal dynamics and run the deal through our framework.

Sydney Airport Entitlement Offer - A Little Late to the Game but Gives Good Buffer