BBG billabong international limited

what debt sales tell you about billabong, page-8

  1. 2,499 Posts.
    Accaeric if BBg will repay its debt in full, why did the banks choose to take a 15 to 20% loss on the debt? I think they will most likely pay theirs debts in full, but it's not a certainty, hence the discount for risk.
 
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