S&P have reduced the rating for Babcock & Brown "BNB" or BBIPL NOT BBI
BNB's downgrade from BB- to CCC+ is associated with
an increased risk that BNB (BBIPL) may not meet its A$3.1 billion corporate facilities financial covenants.
S&P have reduced the rating for Babcock & Brown "BNB" or BBIPL...
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