BBI 0.00% $3.98 babcock & brown infrastructure group

Ann: DBP obtains Commitments for $480M Refinancin, page-13

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    re: Ann: DBP obtains Commitments for $480M Re... You also need to consider that this is a regulated asset, with pricing worked out on WACC. The interest rate has a natural hedge as it will be worked into the WACC (Weighted Average Cost of capital). I really see this as a realitive minor issue, as I believe the extra bank risk margin will be built into the pricing.

    Cheers
 
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