Read today's announcement. Doesn't apparently apply to BNBG however, I'm pretty sure that the noteholders are stuffed as well based on this news.
The ex-BNB management appear to have made sure there weren't any loose ends or loopholes in the contracts, definitely making sure that BNB/BNBG would go down without the shareholders having any recourse.
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- ann. shareholders going to get nothing
BNB
babcock & brown limited
ann. shareholders going to get nothing
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