BBI babcock & brown infrastructure group

Nostra, you have added to my knowledge and thanks for that. WE...

  1. 1,464 Posts.
    Nostra, you have added to my knowledge and thanks for that. WE could argue unnecessarily about the formula, I was of the opinion that BBN020 was to be paid as the sweep monies came in, but clearly they would not have any priority over other A lenders.

    I do not believe that many BBN010 holders will opt for conversion at the minimum reset of $1.78. Many may vote for a new reset towards September particularly if BBI can sell 100% of DBCT
 
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