Transurban announced the successful completion of the institutional component of its $1.9 billion fully underwritten pro-rata accelerated renounceable 3 for 37 entitlement offer of new Transurban stapled securities. The Entitlement Offer was announced on 12 December 2017.
Transurban CEO, Scott Charlton, commented: “We are excited to have commenced the construction phase on the West Gate Tunnel Project and remain committed to working with our Government partners to deliver benefits to the community and road users.”
“The final design for the West Gate Tunnel Project reflects almost three years of significant community engagement, leading to better outcomes including a longer tunnel, better noise walls, more open space and active transport upgrades.”
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