BBI 0.00% $3.98 babcock & brown infrastructure group

announcement, page-4

  1. 14,880 Posts.
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    "...and I know they sweep 50M into debt everytime it hits $50M"

    Not quite correct. Anything surplus cash OVER $50M gets swept.
    BBI is now simply a punt on DBCT selling at a reasonable EBITDA multiple. There are multiple potential buyers in the data room as I type. It's just a matter of time in my opinion.
    DBCT gets sold, corporate debt gets cleared and the re-rating will begin.

    Changed my sentiment to BUY from LT Buy. My time frame for a BUY rating is 3 months.
 
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