BBI 0.00% $3.98 babcock & brown infrastructure group

annoucenment?, page-19

  1. 14,880 Posts.
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    There is NO option for cash for SPARCS holders. They either convert to BBI or accept reset terms of 10% interest and then make a decision in Nov 2010. I'm tipping the vast majority will accept 10% reset terms.
 
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Currently unlisted public company.

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