BBI babcock & brown infrastructure group

What does everyone make of the announcement? To me it looks like...

  1. 263 Posts.
    What does everyone make of the announcement? To me it looks like the major holders have requested certain terms to be changed in order for them to rollover and if it is agreed to then there will not be any conversion/dilution at this point.

    Please let me know if you think my interpretation is incorrect.
 
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