BBI 0.00% $3.98 babcock & brown infrastructure group

sparcs bbn010, page-5

  1. 4,510 Posts.
    Only BBN020 is part of the sweep, but they are not doing any repurchases until something is actually swept and that does not look like until DBCT is sold and the cash is at the bank.

    Then the BBN020 bonds will get allocated their share of the moneys under the sweep facility and this cash amount will be used in an on-market buyback until the funds are fully spent.
 
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Currently unlisted public company.

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