ALX News: Atlas Arteria Plans to Raise $2.1 Billion For Toll Road Deal - 14th Sep 2022, 12:05pm

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(Bloomberg) -- Australian toll roads operator Atlas Arteria Ltd. said it planned to raise A$3.1 billion ($2.09 billion) as it seeks to buy a majority stake in the Chicago Skyway toll road.

The company plans to raise the capital from a share offering of A$6.30 per security, according to a statement Wednesday. That’s about 19% below Monday’s closing level.

Canada Pension Plan Investment Board and OMERS Infrastructure sold their respective one-third stakes worth $2 billion in the 12.5 k...

>>> Read more: Atlas Arteria Plans to Raise $2.1 Billion For Toll Road Deal
 
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