BBI babcock & brown infrastructure group
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chances of a bounce tommoz?, page-60

  1. bellenuit
    1,037 Posts.
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    19/05/09
    21:41
    Post #: 5183023
    "(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.
    BBI Price at posting: 8.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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