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4 years ago
Thailand's True Corp hires banks for infrastructure fund listing-IFR
June 18, 2013 / 9:48 AM / 4 years ago

Thailand's True Corp hires banks for infrastructure fund listing-IFR

June 18 (Reuters) - Thai telecoms operator True Corp has hired Credit Suisse and UBS to advise on the listing of a $1 billion infrastructure fund in Bangkok, IFR reported on Tuesday.

The IPO may be launched later this year or in early 2014, IFR, a Thomson Reuters publication, reported without identifying sources.

The success of a $2.13 billion infrastructure fund IPO from BTS Group Holding Pcl has encouraged several Thai companies to offer similar funds to the public. (Reporting by S. Anuradha of IFR)

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