Archive for October, 2010

24
Oct

QR National IPO marketing has commenced

QR National IPO marketing has commenced

The Queensland government has commenced marketing the float of between 60% and 75% of QR National. The float will have a capitalisation of between $6.1 billion and $7.3 billion. The indicative price is between $2.50 and $2.80 with retail investors receiving a 10 cent discount to the book build price.