$2.3 billion in aggregate owed to the Australian lending group
US$450 million owed to US private
placement noteholders
US$1.1 billion (A$1.2 billion)owed to US lending group
associated with Centro’s joint venture with CER
Short term debt by this year = 3.9billion
3.9 billion will get us back on track
The assets and business model is there, so lets not kid ourselves anymore....
New equity through an investor or an outright sale.
Also don't forget one of the most valuable assets of Centro Properties is the right to manage the shopping centres of the entire Centro group.
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