nothing unexpected, page-10

Klob,

Just FYI...7 points is .07% If you want to talk points in relation to interest rates then 7% would be referred as 700 points.

Cheers,


For what it is worth, I thought BnB's presentation to UBS conference was rather good and informative....but still I question some of their inferences.

Like talking about their 'orderly de-leverage of corporate balance sheet through planned asset sales' making it sound like there is no urgency or forced selling which is clearly a stretch....

BUT then in the aircraft section they talk about being opportunistic in relation to 'liquidity-driven sales by motivated sellers'

Surely BnB would be considered liquidity driven sellers at the moment, and no doubt they are a motivated seller......

Anyway, all in all a good announcement with a positive reference to the banking syndicate.....if that review event can be resolved then maybe a recovery....albeit a slow one.....can commence? DYOR