BBI 0.00% $3.98 babcock & brown infrastructure group

bridging finance for two months

  1. 14,882 Posts.
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    Question:

    What are the chances that BBI could get bridging finance for 320 million for a period of two months from Jan 2009 to March 2009?
    Powerco sale settles in March. What chance NO bank in the world is prepared to give BBI a bridging loan in Jan 2009 and then get full re-payment when Powerco settles in March?


 
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