BNB babcock & brown limited

government needs bnb to stay alive, page-15

  1. 608 Posts.
    Interesting piece in the AFR today - banks cannot afford to let BNB go under. Manage the sale process closely, but if they put it under then they must value eveything at fire sale, rather than merely distressed, prices.

    BNBG worth a flutter for those well placed elsewhere. Still meeting interest payments remember
 
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