BBP 0.00% 9.5¢ babcock & brown power

announcement, page-14

  1. 10,475 Posts.
    lightbulb Created with Sketch. 7
    Slightly more buyers than sellers now.


    "The investment firm will continue funding construction at Tamar until the Australian Competition and Consumer Commission approves the sale, but BBP said all outgoings would be reimbursed in full.

    BBP will remain Tamar project manager until construction is complete.

    “BBP may receive an additional incentive payment upon successful delivery of the project, which is currently on time and budget for delivery in August 2009,” the company said.

    Once Tamar is sold, BBP said debt would remain at around $3.7 billion, serviced by an average interest rate of 8.8 per cent. "


    http://www.theaustralian.news.com.au/story/0,25197,24198423-20501,00.html
 
watchlist Created with Sketch. Add BBP (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.