BNB babcock & brown limited

I am also confused about this one. Is the 400 million loaned by...

  1. StatsMan
    1,600 Posts.
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    26/02/09
    18:22
    Post #: 4844124
    I am also confused about this one. Is the 400 million loaned by BNB or BBIPL? It sounds to me like it is loaned by BNB... in which case, if BNB goes into administration, won't that 400 million be payable to noteholders? that would mean that noteholders would receive about 66% of face value.
    BNB Price at posting: 32.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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