BBP 0.00% 9.5¢ babcock & brown power

(bbp) may be sold as a soon as january, page-8

  1. 909 Posts.
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    With the $118m Loan to be extinguished at years end and the $174m Loan to be repaid by Sept 09, I don't see why they have to sell at all.

    The EBITDA forecast of around $350m pa should see both of these loans extinguished before June next year, freeing up an extra $25m per month to apply to other Loan Facilities or Dividends.

    If they do sell, I hope they get a good price and not pander to the Market for a fire sale.
 
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