BBI babcock & brown infrastructure group
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loan notes as cash component for beppa restruc, page-8

  1. nathanblack
    7,746 Posts.
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    28/08/09
    16:58
    Post #: 5570317
    if BBI recover to 25c, holders get their $1.
    50c in 2012 + 2*25c(bbi).

    its basically your proposal, afterall Beppa is a loan, and you plan to issue more loan hybrids.

    a 50c Beppa will save BBI interest payments.

    could work.
    BBI Price at posting: 7.9¢ Sentiment: LT Sell Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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