BBI babcock & brown infrastructure group

chances of a bounce tommoz?, page-60

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    "(note the $500M value disclosure at foot - who knows what they are referring to here)"

    Maybe they are referring to the net value to BBI should they sell 49% ?

    49% is just under $1.4B assuming 100% is $2.8B. 49% of asset level debt is just under $950M, leaving net proceeds to BBI in the ballpark of $500M.
 
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