"(note the $500M value disclosure at foot - who knows what they are referring to here)"
Maybe they are referring to the net value to BBI should they sell 49% ?
49% is just under $1.4B assuming 100% is $2.8B. 49% of asset level debt is just under $950M, leaving net proceeds to BBI in the ballpark of $500M.
chances of a bounce tommoz?, page-60
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