macquarie comments positive

Macquarie says completion of Transpacific's A$2.35
billion refinancing is "very positive" and "should remove a lot of the
uncertainty that has surrounded TPI since midway through the year." TPI up 2.9% at
A$11.32, earlier A$11.61, after falling over 30% since July. Analyst estimates TPI has
around A$400 million acquisition and growth "headroom," while understands a
syndicate of local and international banks underwrote facility at around 100 basis point
premium to Bank Bill Swap Bid Rate.