smh

According to the SMH this will but BNB 2 to 3 years see below extract:


Babcock & Brown shares were much of the catalyst for the gains after the investment bank was granted more time and an extra $150 million in funds to help it restructure and survive.

They more than doubled after the stock resumed trading, surging as much as 128%, or 32 cents, to 57 cents after the beleaguered investment group reached a deal with its syndicate of creditors. Its shares closed 14 cents or 56% at 39 cents.

The deal will buy Babcock & Brown time while it hammers out a new business plan aimed at an ''orderly'' sell-down of assets over the next two to three years.