BBI babcock & brown infrastructure group
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bbi corporate debt schedule, page-5

  1. VivaLasVegas
    972 Posts.
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    14/04/09
    12:54
    Post #: 5008862
    Apologies in advance for my ignorance.......

    Why would you switch? What are the benefits of the switch?

    I sort of see BEPPA as a sort of term deposit that is set to mature in 2012. Sure we might not see the $1+ in cash, but that's what i thought "clearing corporate debt" meant with selling DBCT. I assume the BEPPA debt BBI has is part of its corporate debt that they would seek to wipe off the books.

    I would be happy to hold till 2012 to maximise my return, whilst purchasing a packet of BBI to sit on for now.


    BBI Price at posting: 6.6¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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