Macquarie-backed toll road files for bankruptcy
The South Bay Expressway was 50% owned by Macquarie Infrastructure Partners and 50% owned by Macquarie Atlas Roads, which took over the stake formerly held by Macquarie Infrastructure Group. In 2003, MIG predicted it would earn a 15% to 20% IRR on its investment in the project.
16 January 2013•3 mins read
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