BNB babcock & brown limited

att: enumerate - comments appreciated, page-4

  1. 1,600 Posts.
    one of the issues in my mind is: are our notes only subordinate to the banks debt in the event of administration? or do our exit notice claims remain subordinate even if BBIPL is solvent? BNB clearly think so, but is this really the case? Has anyone received any legal opinion regarding this?
 
watchlist Created with Sketch. Add BNB (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.