alinta energy is born, page-3

the most important of the deal is here as describe from tccham:

4) BBPF - forego part interest repayment, lower interest margins, extend debt maturity to 2012 and loosen financial convenants ...

It is an indication of local Australian banks are confident of bbp will survive, stabiles and grow with the economic recovery around the world.

If it was happening around late 2007 to 2008, then it is likely to be a complete different story...lucky that we are living in more stabilize economic in 2009....

Personally, i believe that stock market will catch up in next few years. Most people are still scare and turn away from stock market. Gold/properties are booming in some richest countries ... once th gold/properties booms slow down. We should see money flow back to the stock market....