BBI
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0.00% $3.98 babcock & brown infrastructure group

"But the company insisted yesterday the net injection of $200...

  1. Sarcophagus
    7,404 Posts.
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    23/09/09
    08:10
    Post #: 5679542
    "But the company insisted yesterday the net injection of $200 million in new equity would not...deal with the shortly maturing loans within its operating businesses"

    is that because the issuance of the new bonds and placement (and hence new capital) wouldn't be completed in time?

    isn't the relevant amount $1B, not $200M?
    BBI Price at posting: 5.1¢ Sentiment: None Disclosure: Held
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