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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- article from the australian
article from the australian, page-3
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