IPO News Archive
Emerging market energy infrastructure operator AEI files for an IPO
8/18/09
AEI, which operates power and natural gas infrastructure in Latin America, Europe and Asia, filed on Tuesday with the SEC to raise up to $863 million in an initial public offering. The Cayman Islands-based company, which was founded in 2003 and booked $8.3 billion in sales over the last 12 months, plans to list on the NYSE under the symbol AEI. The company is majority owned by leading emerging markets investor Ashmore Group (LSE: ASHM.L). Goldman Sachs, Credit Suisse, Citi and J.P. Morgan are the lead underwriters on the deal. No pricing terms were disclosed.
Source: www.RenaissanceCapital.com