BNB babcock & brown limited

lmao trains, page-18

  1. 9,188 Posts.
    Are these guys serious.

    Buying another big European asset.

    Q: How do they finance all these deals?

    A: DEBT DEBT AND MORE DEBT


    In times of tightening credit markets where LIBOR is rising and the cost of debt is going vertical (or rather HAS), you just cant keep using the CREDIT CARD


    MY BIGGEST REGRET HERE IS NOT BEEN SHORT FROM $15 when i knew they were spent



    I WISH ALL LONGS THE VERY BEST!!!


    THIS IS TERRIBLY SAD
 
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