Credit Suisse Says Transurban Will Need to Raise $1 Billion in New Equity

The Sydney Morning Herald reports, “Toll road giant Transurban could need to tap investors for $1 billion in fresh equity as it juggles new tollroad projects in Victoria, NSW and the US. That at least is the view of investment bank Credit Suisse. It reckons the completion of negotiations with the Victorian government over the Western Distributor by the end of March will be the catalyst for a raising.”