CNP 0.00% 4.0¢ cnpr group

article from the australian, page-3

  1. 646 Posts.
    Hi Swap,

    Thanks for posting!

    I must say that I'm a bit confused regarding:

    "They include Centro's Australian financiers, US private placement noteholders and a US lending group reaching further agreement by September 30 on the terms on which Centro assets can be sold".

    I thought this was a criteria for the 30th May deadline. How can Centro sell properties in the next couple of months if the banks have until September to decide how this will be distributed?

 
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