Port Of Brisbane

Port Of Brisbane News

  • Caisse de Depot Returns 13% in 2013 as Equities Soar

    Caisse de Depot et Placement du Quebec, Canada’s second-largest pension-fund manager by assets, returned 13 percent last year as publicly traded stocks in the U.S. and elsewhere pushed assets under management above C$200 billion ($180.1 billion) for the first time.

  • Western Sees Spreads Narrow From Six-Year Low: Australia Credit

    Corporate bond premiums in Australia fell to a six-year low and investors including Western Asset Management Co. predict more narrowing as a global economic recovery withstands bouts of market turmoil.

  • Goldman Fund Manager Bracing for Australia Yield Surge

    Goldman Sachs Asset Management is avoiding Australia’s sovereign bonds and favoring floating-rate debt as it predicts 10-year yields may rise as much as one percentage point this year.

  • Borealis, Caisse Said Shortlisted in Port of Brisbane Bidding

    Borealis Infrastructure Management Inc., one of Canada’s biggest infrastructure investors, and Caisse de Depot et Placement du Quebec are among bidders picked to make final-round offers for a stake in the Port of Brisbane lease, said three people with knowledge of the matter.

  • Port of Brisbane Sale Process Delayed Until October, Financial Review Says

    The A$2 billion sale of the Port of Brisbane in Australia’s Queensland state has been delayed for more than a month, the Australian Financial Review reported in its Street Talk column, without saying where it got the information. Final bids, originally set for the second half of September, are now being called for by the end of October, the newspaper said.

  • Global Infrastructure Said to Sell Brisbane Port Stake to Caisse

    Global Infrastructure Partners agreed to sell its stake in the Port of Brisbane to Caisse de Depot et Placement du Quebec for more than A$1 billion ($908 million), according to two people with knowledge of the matter.

  • Top Arrangers See Debuts Following 108 Issuers: Australia Credit

    More debutants are lining up to sell bonds in Australia after the busiest year for issuers since before the global financial crisis, the nation’s leading underwriters said.

  • Port of Brisbane May Not Secure $1.9 Billion Target Price, Review Reports

    Australia’s Queensland state government may not achieve a targeted sale price of more than A$2 billion for the Port of Brisbane as buyers argue for a lower valuation, the Australian Financial Review reported in its Street Talk column, without citing anyone. Potential buyers may include India’s Essar Group and Vedanta Resources Ltd. as well as a group including Global Infrastructure Partners Ltd., Queensland Investment Corp. and Macquarie Group Ltd, the newspaper said. Morgan Stanley and UniSuper Infrastructure Partners Ltd. may also lodge a bid by the deadline, according to the report.

  • Queensland to Announce Purchase of Port of Brisbane by Investment Group

    Andrew Fraser, the treasurer for the Australian state of Queensland, will meet with members of the media today at 2:40 p.m. Brisbane time to discuss a transaction involving the Port of Brisbane.

  • Sovereign Funds Among Bidders for Port of Brisbane, Financial Review Says

    Global Infrastructure Partners, Morgan Stanley Infrastructure Partners and HRL Morrison and Infratil are leading three groups that are among the first-round bidders for Australia’s Port of Brisbane, the Australian Financial Review reported in its Street Talk column. Sovereign wealth funds from Singapore and Malaysia are also bidding for the A$2.5 billion asset, according to the report. All five offers are believed to be fully funded, the newspaper said.

Sponsored Links
Curation software by Lingospot