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The Independent

RBS sells rolling stock company to Babcock & Brown for £3.5bn

Royal Bank of Scotland has sold Angel Trains to a consortium led by Babcock & Brown's European infrastructure fund in a deal that values the rolling-stock leasing business at £3.5bn.
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International Herald Tribune

Australian investment firm Babcock & Brown faces potential lender review

Babcock & Brown Ltd.'s shares fell as much as 32 percent Friday on concerns about its debt position, despite Australia's second largest investment bank clinching a US$7 billion deal to buy Britain's Angel Trains.
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The Sydney Morning Herald Babcock & Brown denies being in default

Babcock & Brown, which lost almost half of its market value last week, reiterates it is not in default.
06/16/08
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The Sydney Morning Herald Babcock & Brown 'set to meet guidance'

Investment group Babcock & Brown says it is on track to meet its full year earnings target.
05/30/08
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The Sydney Morning Herald Babcock & Brown raises Tricom exposure

Babcock & Brown says it has increased its exposure to troubled stockbroking firm Tricom.
04/08/08
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International Herald Tribune Australian merchant bank Babcock and...

Babcock & Brown Ltd., Australia's second-largest merchant bank that last week lost half its market value, is accelerating an examination of its listed funds as it faces its...
06/16/08
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The Wall Street Journal Babcock & Brown Shares Fall Further

Babcock & Brown's shares plunged 24%, extending their recent sharp fall, on concerns about the company's debt position, even after it clinched a $7 billion deal to buy the...
06/13/08
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The Sydney Morning Herald Babcock plunges further

Babcock & Brown, Australia's second-largest investment bank, plunged further, falling almost a third in early trading.
06/13/08
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Forbes

Embattled Babcock & Brown Makes Big Rail Deal

In the midst of an investor crisis of confidence in the Australian investment firm, it leads consortium to purchase Angel Trains, a U.K. railcar leasing firm, from RBS.
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International Herald Tribune

Australian investment firm Babcock & Brown faces potential lender review

Investment firm Babcock & Brown Ltd. faces a potential review by lenders after its shares fell 28 percent Thursday, making it the latest Australian company to grapple with rising concerns over debt and tight global credit markets.
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The Wall Street Journal Babcock & Brown Shares Fall Further

Babcock & Brown's shares plunged 24%, extending their recent sharp fall, on concerns about the company's debt position, even after it clinched a $7 billion deal to buy the...
06/13/08
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The Wall Street Journal Babcock & Brown Power set to omit...

Babcock & Brown Power said it won't pay a second-half distribution, joining a growing list of infrastructure operators looking to strengthen its balance sheet.
06/19/08
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Forbes Babcock & Brown In Tight Spot As...

Aussie investment co.'s value falls by more than a quarter on problems with gas supply disruptions at energy unit, prompting a sell-off that calls into question its debt covenants.
06/12/08
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Forbes Babcock & Brown Power Short-Circuited

Australian investment co.'s value falls by a fifth on problems with disruptions of gas supply at its energy subsidiary, prompting short-selling that calls into question its debt...
06/12/08
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The Sydney Morning Herald B&B in freefall as woes mount

BABCOCK & Brown has lost more than $330 million this year from the value of its investments in the listed funds it manages, raising the prospect of significant write-downs that...
06/11/08
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The Sydney Morning Herald Babcock & Brown raises more cash for...

Investment and specialised fund and asset management group Babcock & Brown today announced it raised an additional $US335 million ($364 million) of capital for infrastructure...
02/20/08
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Forbes

Babcock & Brown Financing Deal Stiffs Short-Sellers

The embattled Australian infrastructure investment firm comes to an agreement with creditors to pay higher interest rate in exchange for them dropping review of company's debt covenants.
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The Sydney Morning Herald

Babcock & Brown shares dive on fee flow fears

Babcock & Brown, the worst- performing stock on the MSCI Asia-Pacific Index, fell on concerns that credit market turmoil may cut proceeds from asset sales to reduce debt.
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The Sydney Morning Herald Babcock & Brown boosts India presence

Fund and asset manager Babcock & Brown has recruited a team of eight local investment professionals in India from the local arm of Dutch bank ABN Amro.
04/29/08
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The Sydney Morning Herald Babcock & Brown lifts stake in...

Brisa-Auto Estradas de Portugal, the country's biggest highway operator, says Babcock & Brown increases its stake in the company to 15%.
04/28/08
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International Herald Tribune Babcock & Brown expects lower annual...

Australia's second largest investment bank Babcock & Brown Ltd. on Monday downgraded its profit guidance for the calendar year and forecast a fall in first-half earnings.
08/11/08
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The Wall Street Journal Babcock & Brown Sinks 24%

Babcock & Brown said its directors will consider changes to its management and board Thursday amid speculation it will replace its long-serving CEO, after its stock fell 24% on...
08/19/08
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The Sydney Morning Herald B&B units fall after parent enters...

Shares in Babcock & Brown units fell in early trading after the investment bank requested a trading halt for the parent company.
08/20/08
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The Sydney Morning Herald Debt shadows Babcock & Brown

BABCOCK & Brown Infrastructure has fuelled market fears that it is struggling to manage its heavy debt load after saying it will sell some of an asset it bought less than...
03/05/08
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The Sydney Morning Herald Babcock & Brown considers assets sales

Babcock & Brown Infrastructure is considering selling non-core assets and reducing its $2.4 billion investment in the owner of a natural gas pipeline in the US.
03/05/08
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The Sydney Morning Herald Babcock & Brown forecasts 15% growth

Babcock & Brown has forecast annual profit growth of at least 15 per cent in 2008 after it posted a large rise in 2007 annual profit.
02/21/08
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