Its all well and good for these commentators to keep bagging the model, and they have some good points.
Still, if the underlying income is their supporting these assets and the debt against them, with real long term growth, the only issue is refinancing.
Provided BNB can continue to secure the support of its lenders (I would imagine by demonstrating income streams and growth) they should work through this.
BNB
babcock & brown limited
