BBI
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0.00% $3.98 babcock & brown infrastructure group

$205 million due oct 30, page-14

  1. melua
    14,880 Posts.
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    31/08/09
    17:28
    Post #: 5577863
    "Frankly, who cares where this come from. This debt is non-recourse."

    I have to make a comment here on this.

    TTC, You cannot be serious? This debt is recourse to PD Ports. You say "Who cares where this comes from." Every BBI/BEPPA holder should care. If PD Ports topples over, there is also corporate debt allocated to it. That's a domino effect you don't want to see happen.

    BBI Price at posting: 7.6¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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