"Centro Properties Group (Centro) announces a seven day interim extension on all facilities expiring today in order to allow time for the finalisation of discussions with all financiers and the completion of documentation for a longer term extension. The interim extension will expire on Wednesday, 7 May 2008."
I don't understand if that means they will actually get the longer term extension, if discussions are not finalized then it could still go bad.
CNP Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held