BNB babcock & brown limited

enumerate what are your thoughts, page-24

  1. kacy
    11,779 Posts.
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    06/02/09
    20:09
    Post #: 4770693
    "I reckon it means 20% per year accruing on the balance until 2018."

    I agree, this needs clarifying.

    As they mention "interest payments and the restructuring fee" they are clearly two separate things. So I think the restructuring fee is only on outstanding debt.

    Otherwise it would be a 30% pa compounding loan!

    BNB Price at posting: 32.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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