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? AdvertisementEmail Print Normal font Large font Related Coverage 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
