Hi Enumerate,
can you please comment on this:
>"Because of the subordination arrangements, neither an administrator/liquidator of BNB nor Noteholders or the
Trustee would be entitled to seek the appointment of a liquidator to BBIPL so long as monies remained owing to
BBIPL’s senior lenders."
Cheers,
StatsMan
BNB
babcock & brown limited
att: enumerate - comments appreciated
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