Centro debt deal done, now for a restructure
Turi Condon From: The Australian July 30, 2010
Troubled Centro Properties Group has struck deals to extend or refinance $US2.7 billion ($3bn) of debt in its US business.
But it still faces its biggest test -- to win bank support for a restructure before more than $10bn of debt matures in December next year.
-----------
Banks want most of their money back unfortunately
Centro debt deal done, now for a restructure Turi Condon From:...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)