BBI babcock & brown infrastructure group
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afr article today on bbi's dbct sale, page-16

  1. dargie
    4,510 Posts.
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    11/02/09
    10:54
    Post #: 4782993
    The management agreements will be rendered worthless if BNB goes into administration. This is why the banks wish to negotiate with the noteholders.

    If it wasn't for these mgmt agreements, BNB would have been in administration before Christmas.
    BBI Price at posting: 7.8¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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