Babcock & Brown secures A$150m in emergency loan

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Babcock & Brown reprieve

Babcock & Brown secures A$150m in emergency loan

04 Dec 2008

Babcock & Brown, the beleaguered Australian infrastructure fund manager, has secured an emergency loan of A$150m (€76m) from a consortium of 25 foreign banks, getting a last-minute reprieve.

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Article tags:

Asset Management | Babcock & Brown | Debt / Fixed Income /Credit | Infrastructure