Canada’s PSP Is Said to Mull $1.5 Billion Sale of Roads in India

Public Sector Pension Investment Board (PSPIB) is exploring options for its Indian roads exposure, including a potential sale, with details still under discussion. The move is at the exploratory stage, so near-term impact is likely limited to relevant infrastructure/asset participants rather than a broad market repricing.

Analysis

Public Sector Pension Investment Board (PSPIB) is exploring options for its Indian roads exposure, including a potential sale, with details still under discussion. The move is at the exploratory stage, so near-term impact is likely limited to relevant infrastructure/asset participants rather than a broad market repricing.