$205 million due oct 30, page-8

"Breaking news??? Share price not low enough yet??"

Annemc,
I'll tell you something. You will be able to buy BBI for much less than 8c if they don't sell an asset by Oct 30 at the latest. Can people now understand how savage this bank sweep is? Not only do BBI have to pay what's due but they also have to pay a proportion of the nearest future corporate maturities at the same time.
If people cannot see that BBI has its throat held by all the banks, then I cannot help you. If the banks would ease up a bit, BBI could trade their way through until asset prices start to climb and credit eases.
BBI have half a billion in maturities due at the corporate and holdco level (not asset level) by Feb 2010 plus they have SPARCS dilution to contend with in November. If it wasn't for SPARCS, I'd be prepared to buy BBI at 7c but I cannot whilst there are no asset sales confirmed and SPARCS holders are waiting for their $1 worth of BBI's.