BBI 0.00% $3.98 babcock & brown infrastructure group

bbi corporate debt schedule

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    This might be of some interest to BBI/BEPPA holders. It shows the amount of corporate debt to be paid back or re-financed and the dates. The majority of the risk with BBI is the corporate debt. Remove corporate debt and BBI is safe.

    Feb 2010: GBP 85M ($173M)
    Dec 2010: NZ$275M ($220M)
    Feb 2011: AUD$223M ($223M)
    Dec 2011: USD$510M ($730M)

    Total corporate debt approximately $1.35Bn

    So, BBI need to come up with $173M within 10 months. You can see that the timetable to sell assets is not as urgent as the market is saying. That gives BBI more than enough time to get robust prices for their assets.






 
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