BrisConnect auction

08 July 2015

 

Over two thirds of BrisConnection's lending group agreed to the sale of AirportLinkM7 toll road when the debtholders met on 26 June. The "yes" vote was just enough for advisers Macquarie Capital and Fort Street Advisers to push ahead with an auction. Lenders took control of BrisCon's AirportLink in February 2013. Macquarie Group owns more than one-third of BrisCon's $3.6 billion debt pile. Other lenders include ANZ Banking Group, Belgium's KBC, United Overseas Bank...

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