BBI babcock & brown infrastructure group
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It is a game changing amount is $800M, but it is still nowhere...

  1. dargie
    4,510 Posts.
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    27/08/09
    11:15
    Post #: 5562225
    It is a game changing amount is $800M, but it is still nowhere near enough.

    All it does is buy them 18 mths breathing space. There is still a lot of corporate debt still to go and BEPPA arrears to pay and then to service.

    Still, it may open the door to see them raising money.
    BBI Price at posting: 9.4¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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