BBP 0.00% 9.5¢ babcock & brown power

hi, gang;just image that they have to sell alinta to survivie....

  1. 3,740 Posts.
    hi, gang;

    just image that they have to sell alinta to survivie. so how much debt will bbp left after alinta sold off.

    outstanding debt is 33200 mils

    buy alinta for 2855 mils in addition to $971million worth of shares.

    so they outstanding debt for alinta is 2855 mils - 971 mils = 1884 mils

    sold alinta for 2500 mils at a lose. then the remaining debt will be 3200 mils - 1884 mils = 1316 mils (gearing go down by a large amount as )

    will bpp survivie with 1.3b of debt and survive from power stations revenue?



 
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