BNB babcock & brown limited

enumerate what are your thoughts, page-24

  1. 11,779 Posts.
    lightbulb Created with Sketch. 606
    "I reckon it means 20% per year accruing on the balance until 2018."

    I agree, this needs clarifying.

    As they mention "interest payments and the restructuring fee" they are clearly two separate things. So I think the restructuring fee is only on outstanding debt.

    Otherwise it would be a 30% pa compounding loan!

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.