Potential investors are being told to expect flyers as early as Tuesday.
Barrenjoey’s bankers are set to timeshare the sell-side mandate for Queensland Airports Limited with their rivals at Macquarie Capital, as The Infrastructure Fund officially ramps up the collective selldown to 74 per cent.Street Talk understands The Infrastructure Fund – which is run by Macquarie and had initially planned to sell just 10 per cent of Queensland Airports – has formally pulled the trigger on exiting its 40 per cent stake in full.
Barrenjoey and Macquarie Capital are well advanced with preparing due diligence materials, suggesting first-round bids shouldn’t be far off. .
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