BBI 0.00% $3.98 babcock & brown infrastructure group

beppa restructure happens after sparcs/corporate debt is payed...

  1. 49 Posts.
    beppa restructure happens after sparcs/corporate debt is payed enough to satisfy the banks....lets make sure the patient is no chance of dying before he can get up and walk around

    dargie, can ALL sparcs elect to convert in nov??? it seems ridiculous that bbi wouldn't be able to do a deal with the banks to use any money in their kitty to prevent the dilution...50m aussie is 70 m kiwi, so would help quite a bit

    that is assuming dbct is sold for 2.7 billion...enough to keep the corporate debt bankers happy
 
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