BBP 0.00% 9.5¢ babcock & brown power

debt renegotiation

  1. 905 Posts.
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    I note that AGL has successfully renegotiated 2009 and 2010 debt maturity obligations totalling $800m in two tranches will now mature in June 2012.

    IMO this is a good sign that reflects current and future market conditions and attitudes towards refinancing and may benefit BBP in its current quest.

 
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