This would be good for notes price, cause the longer time BNB have to sell asset. The better the price fetch. Once this D2E is in place, asset will not be fire sale. Credit crisis was what cause BNB assets to drop in value, however lately the TED spread and libor rate have ease. Showing sign of credit flowing again..Some of BNB and satellite assets are resilient to recession. If credit flow again, even if the world is in a recession. BNB will get good value for their assets.. I suspect noteholders will get their face value back. Share holders might get something too… it’s a win win sitatuation for everyone..
BNB
babcock & brown limited
This would be good for notes price, cause the longer time BNB...
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