[hchtml]>does anyone have any idea of the overall decline in NTA...

>does anyone have any idea of the overall decline in NTA of BNB?

Business Spectator has done a good job of characterising the quantum of debt conversion:

[quote=Business Spectator]
In order to create a sustainable situation, Babcock & Brown's bankers are probably looking at converting into equity at least a third and possibly half their $3.1 billion in debt.

http://www.businessspectator.com.au/bs.nsf/Article/Babcock-follows-Centros-lead-$pd20090108-N3RRE?OpenDocument&src=srch