NetLink NBN Trust offers investors steady distributions, but with limited growth

Benjamin Cher
Benjamin Cher7/17/2017 8:0 AM GMT+08  • 4 min read
NetLink NBN Trust offers investors steady distributions, but with limited growth
SINGAPORE (July 17): NetLink NBN Trust, which owns and operates the ducts, manholes, fibre cables and central offices that form the Nationwide Broadband Network, is seeking a listing on the Singapore Exchange.
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SINGAPORE (July 17): NetLink NBN Trust, which owns and operates the ducts, manholes, fibre cables and central offices that form the Nationwide Broadband Network, is seeking a listing on the Singapore Exchange.

The trust will issue 2.9 billion units at 81 cents each, raising $2.3 billion. If an overallotment option is exercised in full, the amount raised will go up to $2.4 billion.

Only 185 million units will be made available to the public, with the remaining 2.7 billion units offered by way of an international placement.

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