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Article: Port sales put fund on even keel.
- Article from:
- Australasian Business Intelligence
- Article date:
- August 26, 2009
CopyrightCOPYRIGHT 2009 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: Jeffrey Hutton
Aug 26, 2009 (The Australian Financial Review - ABIX via COMTEX) -- Babcock & Brown Infrastructure (BBI) expects to repay a significant percentage of its $A1.2bn of unsecured loans in the coming months. The group said it was likely to sell at least half of its Dalrymple Bay Coal Terminal and all of its PD Ports assets by late October 2009. BBI reported an annual net loss of ...