Ann: Early redemption of sterling hybrid notes, page-7

  1. 2,208 Posts.
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    On average the last 3 years BHP reported a ROE of 33% and a return of profits to shareholders of 77%
    Imagine borrowing 925m USD and using it to contribute to a ROE of 33% and then only have to pay back 30% ($652m USD) of the borrowings in USD terms.

    What a great gig, I'll have some of that, when my speccy's come good.
 
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