AEJ 0.00% $8.00 redbank energy limited

fully agree jdpc35banks want unrated loans off their books,pity...

  1. 1,844 Posts.
    fully agree jdpc35

    banks want unrated loans off their books,pity Alinta is restricted to paying down loans pro-rata via sweep over certain cash reserves as we have seen how hard it is to get 13 banks to agree to anything.Still the last 6mo should hopefully pull another $40+ million off their debt.Remember EBITDA is confirmed at $288m,Balance sheet should strenghten around $200m shareholder equity with bbi deal.
    then again maybe subsidiary neighbourhood energy can pick up some if it was offered.It would be nice to get something for nothng.Just like good old Donald Trump.
 
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