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BBI wary of new suitor
A SECOND potential investor group has come forward with a refinancing proposal for the debt-laden Babcock & Brown Infrastructure (BBI), whose transport assets include Dalrymple Bay Coal Terminal and the UK’s PD Ports.
The Royal Bank of Scotland, acting on behalf of an investor group comprising primarily of international hedge funds, has approached the BBI board with a complex refinancing package.
However Sydney-based BBI, which is already in talks with an unnamed “potential...
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