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Article: Creditors line up for proceeds of FreightLink sale.
- Article from:
- Australasian Business Intelligence
- Article date:
- November 30, 2008
CopyrightCOPYRIGHT 2008 News provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Vesna Poljak
Nov 30, 2008 (The Australian Financial Review - ABIX via COMTEX) -- Receivers are expected to sell the assets of railway company, FreightLink. The company's senior lenders appointed the receivers in November 2008 and the first creditors' meeting was held on 18 November. Creditors have made claims for nearly $A900 million.
Publication Date: 1 December 2008
FREIGHT LINK PTY LTD
ROYAL BANK OF SCOTLAND GROUP PLC
PPB HOLDINGS PTY LTD
KORDA MENTHA AND COLLEAGUES PTY LTD
CAMULOS CAPITAL LP
MERRILL LYNCH AND COMPANY INCORPORATED
CITICORP
SOUTH AUSTRALIA. GOVERNMENT ...