Sydney Airport asks shareholders to chip into pandemic plan

Street Talk. Sydney Airport is set to go cap in hand to shareholders for an equity bailout. The company’s shares went into a trading halt on Tuesday morning as its bankers started lining up early support from its big institutional investors. UBS is expected to underwrite the deal, which would be done via a pro-rata entitlement offer to existing investors.

Link: Sydney Airport asks shareholders to chip into pandemic plan
via www.afr.com