BBP babcock & brown power

external affects on bbp, page-8

  1. 464 Posts.
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    sorry Klob but they are not going to recommence divis until they have paid down debt. In fact it is a condition of their BBPH facility ( $116m due March 2009) that they do not pay any divis prior to full repayment of that facility. So the best we could hope for is announcement on asset sales, at good prices, although I think that we may wait 4-5 weeks for more on that front. IMO the recommencement of divis will not be until 2010
 
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