BNB babcock & brown limited

guys, the total reduction in debt for babcock will be half of...

  1. smartinvestor22
    274 Posts.
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    17/11/08
    14:53
    Post #: 4505460

    guys, the total reduction in debt for babcock will be half of the sale price or about $1.1bn

    the $285.82m net proceeds to babcock is probably 50% of the equity after the remaining project debt is paid back.

    excellent result imo.

    also read larkin's wording very carefully.
    BNB Price at posting: 40.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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