BNB babcock & brown limited

any guesses?, page-3

  1. 3,130 Posts.
    according to the last announcement, even BNB is put into administration, the revised bisiness plan will still carry on. According to this, I think noteholders will be offered little.

    but I doubt why the assets will not be put into the hands of administrator if BNB is put into administration. maybe the management is trying to scaring noteholders.
 
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