relaxanIn reading the announcement back on the 19th June BBP are...

relaxan

In reading the announcement back on the 19th June BBP are stating the following

1. no dist for the 2008 year to strengthen the balance sheet
2. 2009 DPS of 13 to 18 CPS

In the annual report they are now looking at EBITDA of 350m+
in the notes refering to debt there is a reference to 'effective rate of 8.25%' on the 2.7bn but not the basis for calc. but the way it is worded sounds like variable to me??