BNB babcock & brown limited

Ann: Notice of Meeting of Noteholders , page-42

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  1. 2,086 Posts.
    DIS...

    From yesterday's announcement


    "...If, and only if, the restructure is approved, then Babcock & Brown Australia Group Pty Ltd, a subsidiary of BNB, will make an offer to acquire the notes for $0.10 per $100.00 Babcock & Brown Subordinated Note and NZ$0.001 per NZ$1.00 Babcock & Brown Subordinated Note 2 (that is, one tenth of a cent for each dollar of face value for both
    series of notes)..."
 
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