BBI 0.00% $3.98 babcock & brown infrastructure group

ifandwhen,Now I follow.BEPPA holders will not get ALL the...

  1. 213 Posts.
    ifandwhen,

    Now I follow.

    BEPPA holders will not get ALL the proceeds of the AET&D assets. They will just get the rights to receive the proceeds UP TO face value + interest.

    This is my understanding of why the structure of the deal is difficult. If BEPPA got ALL the proceeds, it would be easy - BEPPA get $0.43 value + in specie distribution of shares in AET&D group.

 
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