Aurizon Holdings Limited
(ASX:AZJ) is in talks with potential investors in relation to the possible sale of a small equity stake in its network.
The rail freight operator says any potential equity stake would include governance rights in line with the level of minority equity acquired, including representation on the Aurizon Network Board and consent rights in relation to certain corporate matters.
Aurizon says there is no transaction at the moment and no guarantee regarding the terms or timing of any potential deal.
The group also announced it plans to implement stand-alone debt facilities at both Aurizon and its subsidiary, Aurizon Network Pty Ltd.
Aurizon posted a net profit of $175.7 million for the first half of fiscal 2013.
