{"id":12032,"date":"2009-09-22T06:55:44","date_gmt":"2009-09-22T10:55:44","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=12032"},"modified":"2009-09-22T06:55:44","modified_gmt":"2009-09-22T10:55:44","slug":"hedge-funds-look-to-refinance-bbi-debt","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2009\/hedge-funds-look-to-refinance-bbi-debt.html","title":{"rendered":"Hedge funds look to refinance BBI debt"},"content":{"rendered":"<p>The West Australian &#8211; Royal Bank of Scotland is managing an offer by a group of <a href=\"http:\/\/www.hedgeco.net\/\">hedge funds<\/a> to refinance debt held by Alinta owner Babcock &amp; Brown Infrastructure.<\/p>\n<p>The hedge funds have offered to repay Babcock &amp; Brown Infrastructure&#8217;s corporate debt with $600 million of new bonds, a $350 million loan, and $400 million of new equity, according to a statement today from the Sydney-based company that counts Britain&#8217;s third-biggest container dock amongst its assets.<\/p>\n<p>It is already weighing a rival deal with a potential cornerstone equity investor that it hasn&#8217;t named.<\/p>\n<p><a href=\"http:\/\/us.rd.yahoo.com\/dailynews\/rss\/search\/hedge+funds\/SIG=14k06nsu9\/*http%3A\/\/au.rd.yahoo.com\/news\/rss\/national\/*http:\/\/au.news.yahoo.com\/thewest\/business\/a\/-\/national\/6088881\/hedge-funds-look-to-refinance-bbi-debt\/\"><strong>Read Complete Article<\/strong><br \/>\n<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The West Australian &#8211; Royal Bank of Scotland is managing an offer by a group of hedge funds to refinance debt held by Alinta owner Babcock &amp; Brown Infrastructure. The hedge funds have offered to repay Babcock &amp; Brown Infrastructure&#8217;s [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-12032","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/12032","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=12032"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/12032\/revisions"}],"predecessor-version":[{"id":12042,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/12032\/revisions\/12042"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=12032"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=12032"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=12032"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}