BBI babcock & brown infrastructure group
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bail out or hang in, page-17

  1. apples
    5,901 Posts.
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    04/11/09
    14:12
    Post #: 5871431
    towie

    the deal on the table for holders of BBI ords is disgraceful.

    In an improving world economy it is better to carry more debt, the BAM proposal may have got up 6 months ago but now it does not correspond with the changing times.

    Debt will not be a four letter word forever, especially debt against world class infrastrucure assets.

    Bring on a refinance, we know that we have a buyer/or buyers for the assets if deleveraging is required.
    BBI Price at posting: 3.7¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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