Transurban (ASX:TCL) has announced the completion of the retail component of its fully underwritten pro-rata accelerated renounceable 10 for 57 entitlement offer.
The Retail Entitlement Offer has raised gross proceeds of approximately $1.2 million from the issue of approximately 113.2 million new securities at an issue price of $10.80 per new security.
This represents the final stage of Transurban’s $4.2 billion entitlement offer announced last month.
Transurban Chairman, Lindsay Maxsted says they now look forward to financial close of the WestConnex acquisition.
Shares in Transurban (ASX:TCL) are down 0.27 per cent to $11.10