BBI 0.00% $3.98 babcock & brown infrastructure group

facts, page-12

  1. 14,880 Posts.
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    I'd be surprised if BEPPA ever traded above 80c. The market will always discount a "hybrid". You just have to look at all the listed hybrids in the Fin Rev.
    The only way anyone will realize $1 for BEPPA will be to hold until maturity and you may never get your $1 in cash.
    I think it is very likely that BBI will offer an early buyout of BEPPA via an off-market tender process sometime between 2010 and maturity.
 
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Currently unlisted public company.

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