Coal Deal in Distress: desperate Dalrymple’s dodgy debt dump – Michael West

Dalrymple Bay Infrastructure IPO

Brookfield’s make-up artists are hard at work. They’ve taken “coal” out of the title, hired every broker in town to flog the thing and, in the most telling move, are rushing to get the deal done before the end of the year. Michael West reports on the ASX float of Dalrymple Infrastructure, which looks set to siphon off Aussie cash to an offshore haven, with yield-hungry retirees paying the price.

Coal Deal in Distress: desperate Dalrymple’s dodgy debt dump – Michael West