BNB babcock & brown limited

prospects for bnbg's, page-13

  1. smartinvestor22
    274 Posts.
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    27/01/09
    12:02
    Post #: 4729981

    guys, you clearly don't get it, babcock is going to issue perpetual notes to the debtholders that rank above the notes.

    babcock will pay interest on the perpetual notes but will elect to defer interest on our notes.

    that is how we will be diluted.
    BNB Price at posting: 0.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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