broker recco, page-11

nice see they delivered:

"Transpacific Executive Chairman Mr Terry Peabody said today “We have continually guided the market by advising our refinance intentions and its timing. I am pleased to confirm that we have achieved all that we said we would and reconfirm our FY08 profit guidance which takes into account the actual interest rates we have locked in and will be paying. I am pleased with the support provided by the underwriting relationship banks. Once completed, the group’s debt structure will be well diversified in term, geography and market. We hope the market accepts the funding certainty we have and acknowledges that we are well placed to continue our profitable growth strategy both organically and through acquisition”."

nicer to see the market respond appropriately.

cat lady