BNB babcock & brown limited

.. an interesting theory.., page-2

  1. 1,600 Posts.
    Upon further reading, it seems to me that BNB can't delay repayment for noteholders. The prospectus clearly says that upon request for repayment that payment will occur "60 Business Days after Babcock & Brown gives notice of the
    occurrence of a Trigger Event or a Change in Control Event (in relation to a Trigger Event, only if the Holder has provided an Exit Notice in response to the occurrence of the event);"

    I doubt that they are going to let this trigger event slip under the radar though...
 
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