BNB babcock & brown limited

Assuming BNB doesn't fold, what will the banks do with BNBG?...

  1. 263 Posts.
    Assuming BNB doesn't fold, what will the banks do with BNBG? Will they have to do anything with them at this point? I would think they would as the BNBG would rank ahead of the equity if the banks do a D2E swap.

    Any differing opinions out there?
 
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