IL&FS wants to raise around Rs 700 crore by taking its surface transportation arm, IL&FS Transportation Network, to the bourses. Anumeet Kaur Bisen reports. IL&FS Transport Network, India's largest private sector player engaged in the build-operate-transfer (BOT) model for roads and highways wants to raise Rs 700 crore. For this, it plans to list on the stock exchanges. The move will involve private equity fund Trinity Capital selling its entire 2.5% in the company. Join discussion...

Royal Bank of Scotland Plc is managing an offer by a group of hedge funds to refinance debt held by Babcock & Brown Infrastructure Group Ltd., an energy and transport investor whose shares tumbled 97 percent in two years. Join discussion...

Shares in Macquarie Infrastructure Group have slumped more than 8 per cent after the tollroad operator said it has yet to finalise plans that could lead to a major overhaul. The release of several downbeat analyst reports in recent weeks has promoted some speculation the debt-heavy tollroad operator was nearing an asset sale or planning a capital raising. Join discussion...

THE operator of the Lane Cove Tunnel is expected to be given another reprieve this month from the financial guarantor of its $1.14 billion of debt, despite reporting another fall in traffic figures and recently posting a $900 million full-year loss. Connector Motorways is expected to be given its fourth stay of execution from the guarantor of the road's bond facilities, MBIA Insurance Corp, which will provide more time for a possible recapitalisation of the road. Join discussion...

Canada's infrastructure market will be undergoing a radical makeover this year, as public-private partnerships move from the security of long-term bank loans to complex funding arrangements involving a variety of players. Join discussion...

Debt-heavy Australian ports operator Asciano Group Ltd (AIO.AX), which put itself up for sale last week, is attracting interest from private equity funds, but faces a tough job convincing its lenders after missing a previous target to sell assets. Join discussion...

The jewel of the British holdings, the M6 toll road through the West Midlands, could be the first asset to be offloaded. The road is owned through Macquarie Infrastructure Group, which is selling a range of Australian and overseas assets. Join discussion...

Spanish motorway operator Cintra (CCIT.MC: Quote, Profile, Research) is restructuring debt related to two motorways it operates in Madrid and Canada, the Ferrovial (FER.MC: Quote, Profile, Research) unit said on Friday. Join discussion...

As politician prepare to stick taxpayers with a massive bill on infrastructure spending, it's import to recognize that there is private-sector cash available for worth projects. Join discussion...

Cintra Concesiones de Infraestructuras de Transporte SA, the toll-road operator controlled by Spanish construction company Grupo Ferrovial SA, said its Toronto unit will issue $500 million of bonds to refinance debt. Join discussion...