BBP babcock & brown power
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code-named "lazarus" , page-7

  1. Hope2008
    1,981 Posts.
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    18/11/09
    11:22
    Post #: 5928469
    The most important thing is that will lenders let BBP survive with ICR close to 1.5. With these extra cost base will lenders take long term view and restructure the loan with lower ICR covenant? So many unknowns, I wouldn't be surprised if they extend the suspension, which I don't mind as long as they have agreement.

    BBP Price at posting: 7.6¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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