Sydney Airport has launched a $265m retail shortfall bookbuild for its equity raising.
Investment bank UBS is calling for bids by 6pm for the 58.1 million securities accounting for the shortfall.
Bids will be accepted in a bookbuild from the offer price of $4.56, with bids starting at $4.60 and being accepted in 5c increments.
It comes after Sydney Airport tapped the market last month for $2bn by way of a renounceable entitlement offer for the airport to provide balance sheet strength amid COVID-19 disruptions.
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