BBI 0.00% $3.98 babcock & brown infrastructure group

I HONESTLY believe that BBI *MAY* have the ability to pay out a...

  1. 434 Posts.
    I HONESTLY believe that BBI *MAY* have the ability to pay out a LARGE chunk of $800M in 3 years time...

    If DBCT sells well, corporate debt will be minimal...

    If corporate debt is minimal, and interest cover is sufficient by the end of the year.... 2.5 years later, nothing would necessarily prohibit BBI from obtaining a loan to pay back BEPPA.

    Furthermore, a loan isn't necessarily needed.

    If DBCT sells by end of the year.... then BBI has two years (to make it 1st January 2012) to sell, say, 50% of NGPL. If 50% of NGPL can be sold for a fair price (NO fire sale -
 
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Currently unlisted public company.

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