RE:let us see now if someone will have some sense to help bbd obbd pay between 7.5 - 8.75% interest rate on long term loan
that amount to about 700 million per year and that is killing bbd
if bbd gets a discount of 5% (which is a dream) on paid interest
then bbd will save 475 million per year and pay only 225ML in interest (BA can manage 225 ml)
those 475 million can be used to repay long term debt
that is a easy solution = possible solution, will it happens??
only if Gov is sinseer and want to really help
France did that for Alstom in 2003
will canada have the guts to do it for bbd???,, i doubt it