why doesn't bnb buy back its bnbg's?, page-2

I think a good chance they come out with an offer to retire it cheap but not yet, they won't be able to do it at current prices if they go into the market as price will go up and anyway they don't have the money. reckon sometime end of first quarter next year when they have some asset sales they will approach bondholders about a deal.

Don't forget its a massive cheap option on the firm's survival, levered 25 to one at current price of $4. so doubt many sell at that price, I won't and just bought some more at $4 thanks to that article you mentioned, cheers for that Stabilo