From what I read also CER is tied into CNP refer extension...

From what I read also CER is tied into CNP refer extension announcement dated 18/2/08.Be careful of the tie in.It says

Centro Retail Trust (CER) announced today that its US financiers have further extended
facilities of US$1.1 billion (A$1.2 billion) until 30 September 2008. Extension beyond 30
April 2008 is subject to similar arrangements being agreed under the Australian extension
arrangements as announced by Centro Properties Group today. Additional development
funding of US$80 million (A$90 million) has also been provided to CER’s US joint venture
with Centro Properties Group.
As part of the extension arrangements, CER identified a guarantee for US$450 million
(A$505 million) provided by a CER controlled entity to holders of the Centro Properties
Group’s US Private Placement Notes. The Noteholders have agreed to release the
guarantee upon the delivery of certain documentation by Centro Properties Group on or
before 31 March 2008.