OK, found it. In the prospectus it says that on a trigger event, one of which is a change of control, (which if the banks took 90% of the shares would occur) then the BNBG noteholders can request an exchange into shares (not likely) or repayment!
Bingo!!!!
BNB
babcock & brown limited
OK, found it. In the prospectus it says that on a trigger event,...
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