There are some serious concerns about these companies Debt levels.
I can't believe BNB tanked almost $1 in the last hour, not even. Some one is doing some serious selling
If the subprime dust settles, there will ultimately be implications for these companies and their LT growth prospects as they rely heavily on Debt. I beleive that even though these companies are managed well, they will need to pull all the stops to refinance any loans that reach maturity.
I will wait patiently until a clearer picture of their debt positions come to light.
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BNB
babcock & brown limited
There are some serious concerns about these companies Debt...
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