BNB babcock & brown limited

i think something in the order of $15-$20 will do it. banks will...

  1. 274 Posts.

    i think something in the order of $15-$20 will do it.

    banks will probably get 70c+ in the dollar back, so 15-20c is probably appropriate for subordinated debt.

    time is against them so they have to be clever how they play it.
 
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