There is no specific time frame on the reduction of gearing levels - overall it's manageable.
NJ
“Babcock & Brown remains committed to reducing its corporate level gearing through an orderly asset sale process, " Mr Larkin said. "There remains no specific time frame on the reduction of gearing levels and we will continue to seek to maximise returns from the asset sale process.” http://www.businessspectator.com.au/bs.nsf/Article/Babcock--Brown-completes-Enersis-sale-LFQLU?OpenDocument
BNB Price at posting:
31.5¢ Sentiment: Buy Disclosure: Held