BBI babcock & brown infrastructure group

buy side big, page-31

  1. 1,464 Posts.
    Nostra, you have added to my knowledge and thanks for that. WE could argue unnecessarily about the formula, I was of the opinion that BBN020 was to be paid as the sweep monies came in, but clearly they would not have any priority over other A lenders.

    I do not believe that many BBN010 holders will opt for conversion at the minimum reset of $1.78. Many may vote for a new reset towards September particularly if BBI can sell 100% of DBCT
 
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