centro continues talks with lenderes to extend, page-37

  1. 11,656 Posts.
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    Zzedzz, if they have got the longer extension it will put them in a very good position for selling assets. Sends the message "no fire sales here". So I doubt we will be having any serious problems as that is more than enought time to sell assets and keep the banks happy.

    You have to remember selling assets of that size takes time hence they would (the buyers) have used the first 5 months to carry out due diligence etc. If we have got the backing of the banks now that is huge news mate. Pity you are not a holder.
 
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