John Laing to float infrastructure fund

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryNoteabley25 Funny Notes Written By StrangersNoteableyTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan Times Infrastructure group John Laing has announced its intention to list an infrastructure fund in London raising up to £270m.Laing, owned by asset manager Henderson Group, will sell up to £256m of yielding infrastructure assets to the newly formed John Laing Infrastructure Fund, in a move that was flagged up earlier this month.This forms part of the group’s strategy to sell interests in mature infrastructure projects, the company said.John Laing will subscribe for at least 20 per cent of the shares issued in the listing up to a maximum of 24.9 per cent, the company said in a statement.JLIF will use the proceeds to acquire a seed portfolio of 19 investments from the John Laing Group and is targeting an initial annualised yield of six per cent per annum.The IPO is expected to be launched in the next few weeks with J P Morgan Cazenove appointed as global co-ordinator and is joint bookrunner with Barclays Capital and RBS Hoare Govett. Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap whatsapp John Laing to float infrastructure fund Thursday 14 October 2010 3:42 am Show Comments ▼center_img Tags: NULL John Dunne Share whatsapplast_img