article in australian, page-2

"The future of the Babcock satellite funds is now under question, as Moody's downgraded the credit rating of BNB Infrastructure due to its an uncertain outlook.

Ian Chan Chong, a senior Moody's analyst, said the fund had $100 million of corporate debt, plus another $157 million through additional rail holdings.

The fund has cash requirements for the next three months.

"The ratings downgrade reflects the strained liquidity position of BNB Infrastructure and Moody's concern is that asset sale plans may not be completed in time to alleviate the high liquidity challenges facing it," Mr Chong said."

A couple of mistakes in there yet again but it's old news. We know there is a bit of short term pressure, but did it justify 3c?