CNP 0.00% 4.0¢ cnpr group

centro gets support of debt buyers

  1. 424 Posts.
    Nov 17, 2010 (The Australian Financial Review - ABIX via COMTEX) --


    The 17 November 2010 AGM of Centro Properties Group heard that the shopping centre trusts company must roll over liabilities worth $A11.5bn by late 2011. Some $A3.5bn of this is accounted for directly by the parent entity. However, there are signs that hedge funds and private equity firms are taking a renewed interest in its stock. They may be even more keen to become involved once Centro completes a mooted assets divestment program worth up to $A13bn.

    Published on Trading Markets.com
 
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