BBI 0.00% $3.98 babcock & brown infrastructure group

shhhh!, page-29

  1. 4,510 Posts.
    Melua, I will be more than happy to receive my SPARCS money back when DBCT is sold.

    Unfortunately even a 100% sale will not clear away all the corporate debt and leave enough money to pay off the SPARCS bonds. And that's assuming they actually sell 100%. And that's also assuming it sells for a decent price.

    Perhaps you need to read the SPARCS prospectus again as well matey. It's all spelt out in there.

    DO THE MATH.
 
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