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Sembcorp Said to Plan Filing for $500 Million IPO of India Unit

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Corporate Finance Sembcorp Said to Plan Filing for $500 Million IPO of India Unit Singapore-based Sembcorp Industries Ltd. is preparing to file for an initial public offering of its Indian unit, Sembcorp Green Infra Ltd., that could raise as much as $500 million, according to people familiar with the matter. The Temasek Holdings Pte.-backed renewable energy company plans to submit draft documents as early as this month, the people said, asking not to be identified because the information is...

Corporate Finance Sembcorp Said to Plan Filing for $500 Million IPO of India Unit Singapore-based Sembcorp Industries Ltd. is preparing to file for an initial public offering of its Indian unit, Sembcorp Green Infra Ltd., that could raise as much as $500 million, according to people familiar with the matter. The Temasek Holdings Pte.-backed renewable energy company plans to submit draft documents as early as this month, the people said, asking not to be identified because the information is private.
Sembcorp (ORG) IPO (ORG) India Unit Corporate Finance (ORG) India (LOCATION) Singapore (LOCATION) Sembcorp Industries Ltd. (ORG) Indian (ORG) Sembcorp Green Infra Ltd. (ORG) Temasek Holdings (ORG)
Originally published by Bloomberg Markets Read original →