BBP 0.00% 9.5¢ babcock & brown power

determining the takeover value of a company, page-23

  1. 1,257 Posts.
    BNB loan to BBP is BNB's asset and even if they go into admin, which I believe is unlikely, the administrator wouldn't be able to change the agreements, therefore conditions may remain the same. The problem would be if BBP is planning to re-finance the debt which in that case would find major inconveniences, but if the take over takes place earlier than debt due date, that wouldn't affect the sp. DYOR
 
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