Babcock & Brown Infrastructure Group has mostly finished talks with Brookfield Asset Management and may release details of a plan as early as Monday to enlist a cornerstone investor, the Australian Financial Review reported, without citing anyone. 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...

Allens Arthur Robinson (Allens) has acted for the lenders in two of the Transurban Group's major tollroad refinancing transactions in recent months. The transactions relate to Sydney's M1 Eastern Distributor (M1) and Hills M2 motorways (M2), with a refinancing value of A$515 million and A$465 million, respectively. Join discussion...

Backing the Union Finance Minister’s announcement for a massive spend on financing of infrastructure projects to give a big thrust to economic growth in the country, India Infrastructure Finance Company (IIFCL), which raised Rs. 10,000 crore in the last fiscal for refinancing banks for infrastructure lending, on Tuesday said the banks might avail themselves of this facility in the next six to seven months. Join discussion...

3.3 billion euro loan only activates after Cintra merger * Ferrovial says deal "clears the way for Cintra merger" * Ferrovial has no major debt maturities for next 3 years (Adds comment on planned Cintra merger, quote from company) Join discussion...

TransJamaica Highway Limited (TJH) has gone to the International Finance Corporation (IFC) to seek US$85 million ($7.6 billion) to finance 17-kilometre stretch of highway and retirement of existing debt. Yesterday, the IFC outlined in its outline of project information that TJH plans to use to funds to extend from the current highway terminus at Sandy Bay, west to Four Paths - a 17 kilometre stretch - and the refinancing of an existing medium-term facility that was put in place for the financing of Phase 1A of Highway 2000. Join discussion...

Grupo Ferrovial SA, the Spanish construction group, plans to refinance about 3.3 billion euros ($4.4 billion) of loans this month, including debt used to buy BAA Airports Ltd., said three people familiar with the deal. Ferrovial is offering higher interest of 200 to 300 basis points over benchmark rates on the new loans, said the people, who declined to be identified because the talks are private. The margin compares with 65 basis points on a 1.5 billion-euro loan agreed in 2006 to finance the takeover of London-based BAA, according to data compiled by Bloomberg. Join discussion...

Grupo Ferrovial SA is offering banks a higher interest margin on about 1.58 billion euros ($2 billion) of loans used to finance the takeover of London-based BAA Airports Ltd., according to two people with knowledge of the deal. Join discussion...

Abertis Infraestructuras SA, Spain’s biggest highway operator, is offering banks more interest to extend a 1.05 billion-euro ($1.3 billion) credit line, according to two people with knowledge of the deal. Join discussion...

TRANSURBAN, a thriftier toll-road operator than it was a year ago, has posted an 86 per cent drop in first-half net profit to $1.9 million despite receiving almost 10 per cent more revenue through tolls and fees. Join discussion...