BBP 0.00% 9.5¢ babcock & brown power

BNB loan to BBP is BNB's asset and even if they go into admin,...

  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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