BBI 0.00% $3.98 babcock & brown infrastructure group

if bnb tanks

  1. Dis
    3,746 Posts.
    At the AGM one of the questions raised regarded why BBI persists with BNB as the manager. The answer : terminating the agreement would trigger certain events which could be detrimental to current share holders. I think it was about having to payout / convert preference shares which would dilute current share holdings.

    If BNB goes to the receivers, can this happen?

    Are other satelitessimilarly affected (eg BBP?)
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.