Annemc Well the future of BNB is not solely in the hands of the company's bankers, the two groups of bond holders will be playing a part in it as well. In particular the vote on Friday potentially has implications for both BNB & the guarantor BBIPL that could possibly see one or both go into administration.
The BJT prospectus describes the Responsible Entity as being Babcock & Brown Japan Property Management, a subsidiary of Babcock & Brown (rather than say BBIPL). If you have any more details of the BJT management contract structure I would be interested in a link.
I see from your Feb postings that you have moved from Stock Held to No Stock Held!
I see from your Feb postings that you have moved from Stock Held to No Stock Held!
BJT Price at posting:
17.0¢ Sentiment: LT Buy Disclosure: Held
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