The pair, via the newly formed Sydney Aviation Alliance, lobbed documents as recently as the end of last week to the corporate regulator via their lawyers at Allens.
If the deal wasn’t going to go ahead, it’s highly unlikely such documents would ever have been lodged.
Sydney Airport’s board is already supportive of the consortium’s $8.75 a security offer, valuing the company at about $32 billion including debt.
It is expected to refinance AusNet Services’ hybrids and replace security holders’ equity with its own, but otherwise leave the capital structure largely in place.
Things are heating up for Tindo Solar, which has appointed an adviser to kickstart an equity raising, which could value the business at up to $150 million.
