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You are here: Home → Archive → 2009 → October → Weekly Edition 8th of October 2009 → BBI in suspense as news awaited on debt reduction

BBI in suspense as news awaited on debt reduction

by Sam Collyer — last modified Oct 08, 2009 04:10 PM

PORTS investment group Babcock & Brown Infrastructure was yet to confirm details of its revised recapitalisation proposal on Tuesday.

BBI shares on the Australian Securities Exchange were suspended last Friday when the group, which owns Queensland’s Dalrymple Bay Coal Terminal, confirmed its intention to update the market on plans to shave some of its $9bn of debt.
Various reports...

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