BBP 0.00% 9.5¢ babcock & brown power

bbp, lenders in talks to amend a$2.6 bln loa, page-13

  1. 3,142 Posts.
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    "If it were just bank issues about refinancing, then I would have expected the news without a trading halt."

    Agree with this statement, as the review date isn't until June anyway so why would it merit a trading halt now?

    I think it will be a sale of assets, and maybe the sale requires bank approval so they didn't want to sound bouyant in their statement as it wasn't finalised.
 
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