BBI 0.00% $3.98 babcock & brown infrastructure group

25c might not be cheap, page-5

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    If global conditions do not worsen, BBI will have the profits to pay 10c. However, you have to watch the cost of credit closely. I don't think BBI will have any trouble re-financing but at what interest rate? That's the key. If they have to pay an extra 3-4%, then all their profits go in interest. That is a worst case scenario but who knows? The financial world is in unchartered waters.
 
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