PF Archive

Macquarie sells BrisConection shares

07 11 2008

Macquarie Group has soldĀ  its shares in BrisConnections - the consortium building the A$4.8 billion ($3.2 billion) Brisbane airport link. Having sponsored and managed the A$1.2 billion IPO - which part finances the project along with a A$3.15 billion syndicated debt facility - Macquarie hasĀ sold its remaining 28.2 million shares for one tenth of a cent each - a significant loss on the A$1...