looks like i am wrong on it being RBOS kicking up a fuss....the syndicate list is below from The Age article below.
But I reckon for sure one is getting a bit rogue and will be sorted by the others to not let BNB go down the gurgler.....too much to lose.
Which banks are exposed to Babcock?
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Broker estimate of bank exposure
Last gasp for Babcock
AdvertisementNovember 20, 2008 - 2:04PM
NOTE: Bank exposures in this list and the attached document are estimates from industry from earlier in the year and should be relied upon only as a guide. The rankings may have changed.
BNB - $2.8b recourse debt
1. ANZ
2. Banco Espirito Santo
3. Bank of America
4. Bank of Ireland
5. Barclays Capital
6. BayernLB
7. BNP Paribas
8. BOS International
9. Calyon
10. Citigroup
11. Commonwealth Bank of Australia
12. DBS Bank
13. Dexia Bank
14. HSH Nordbank
15. Hypo Public Finance Bank
16. HypoVereinsbank
17. KFW
18. Millennium Bank
19. nabCapital
20. OCBC Bank
21. SG
22. Suncorp-Metway
23. UBS
24. United Overseas Bank
25. WestLB
26. Westpac Banking Corp
BBI - $518m refinancing from Jul-08
1. ANZ
2. BNP Paribas
3. Commonwealth Bank of Australia
4. Dexia Bank
5. DnB NOR Bank
6. Natixis
7. Westpac Banking Corp
BBP - $1.37b refinancing from Jun-08
1. ANZ
2. BNP Paribas
3. Commonwealth Bank of Australia (which is also the deal's agent
and security trustee)
4. Dexia Bank
5. nabCapital
6. Natixis
7. SG
8. UniCredit
9. WestLB
10. SunCorp-Metway $170m and
11. Mizuho Corporate Bank $100m
Around $920m of the facility is yet to be syndicated
http://business.theage.com.au/business/which-banks-are-exposed-to-babcock-20081120-6cbh.html
BNB
babcock & brown limited
