BNB babcock & brown limited

bnb share price, page-15

  1. 3,130 Posts.
    karasco,
    below is the quotation from the BNBG prospectus.


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    Babcock & Brown may defer Interest Payments on any Interest Payment Date if any of the following deferral conditions apply

    if any of the following deferral conditions apply:

    -Babcock & Brown is insolvent or the Interest Payment would causeBabcock & Brown to become insolvent; or
    ¨C the Interest Payment would cause Babcock & Brown to breach any legal obligation; or
    ¨C the Directors determine that Babcock & Brown does not havesufficient cash to make the Interest Payment.

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Currently unlisted public company.

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