Banks stave Babcock and Brown collapse
| Source: | Lateline Business |
|---|---|
| Published: | Thursday, December 4, 2008 11:27 AEDT |
| Expires: | Wednesday, March 4, 2009 11:27 AEDT |
Babcock and Brown have been granted a $150 million loan from its 25 bankers and has had the covenants on its outstanding debt removed.
Search for news
ABC News Online takes a look at the big stories from 2008.
