if the equity for debt swap goes ahead, does this mean that BNBG will be swap as per face value, which is $100 per note.
Does this mean that noteholders will be receiving $100 / (current share price at time of swap) = worth of share?
considering the current BNBG price of $2.50 i think this is a bargain.
Why are people selling BNBG so cheaply? what is the catch?
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babcock & brown limited
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