Our "friends" at the SMH may have something to do with it:
Debt talks at Centro go down to the wire Source - The Sydney Morning Herald
Troubled Australian shopping centre developer Centro Properties Group has a final chance to achieve a debt deadline postponement. It is scheduled to service $A4.2bn in loans on 7 May 2008, but will hope to push this back once more after talks with its banks. Among the lenders, St George Bank has signalled it is amenable to an extension, while German group WestLB is facing its own turmoil and may not be as willing. Centro's market capitalization has fallen to just $A397.2m in early May, from $A6.3bn in late 2008 before the global credit crisis