BBI 0.00% $3.98 babcock & brown infrastructure group

Ann: Revisions to AET and D Option Structure , page-34

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  1. 462 Posts.
    Thanks emc2

    Numbers seem about right based on asset value but will need to be factored down to reflect "net proceeds remaining following the sale of the AET&D assets", ie repayment of bank debt and payment of transaction costs including payment to the Cornerstone Investor in respect of any assets or businesses sold
    from AET&D, equal to 1% of the enterprise value of assets or businesses sold.


    I also add my thanks and appreciation to Bronte and all others involved in restoring some value to BEPPA.

    holding BEPPAs
 
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