BBI 0.00% $3.98 babcock & brown infrastructure group

not sparcs, funds will be applied to1. BBN020 as secured...

  1. 1,464 Posts.
    not sparcs, funds will be applied to
    1. BBN020 as secured bonds

    Should sufficient funds be released from DBCT sale to reduce BBI corporate debt to a reasonable interest cover then
    Agencies might reinstate BBI credit worthiness, then BBI can go about managing shareholders interests as well as the company's interest. S/H interest is a reaoned sparcs repurchase, a Beppa solution and divvies in that orde. Still the bst play is to purchase sparcs=30% interest and 120% return in November of today's sparcs purchase price
 
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