Klob,
Just FYI...7 points is .07% If you want to talk points in relation to interest rates then 7% would be referred as 700 points.
Cheers,
For what it is worth, I thought BnB's presentation to UBS conference was rather good and informative....but still I question some of their inferences.
Like talking about their 'orderly de-leverage of corporate balance sheet through planned asset sales' making it sound like there is no urgency or forced selling which is clearly a stretch....
BUT then in the aircraft section they talk about being opportunistic in relation to 'liquidity-driven sales by motivated sellers'
Surely BnB would be considered liquidity driven sellers at the moment, and no doubt they are a motivated seller......
Anyway, all in all a good announcement with a positive reference to the banking syndicate.....if that review event can be resolved then maybe a recovery....albeit a slow one.....can commence? DYOR
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Klob,Just FYI...7 points is .07% If you want to talk points in...
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