Bangkok SkyTrain-Backed Fund Raises $2.1 Billion in Largest IPO

Bangkok SkyTrain-Backed Fund Raises $2.1 Billion in Largest IPO

Dario Pignatelli/Bloomberg

The SkyTrain, consisting of 32 stations in central Bangkok with a combined track length of 32.7 kilometers (20.3 miles), carried 176 million passengers in the fiscal year ended March 31, 2012, according to the IPO prospectus.