centro to narrow field of suitors..., page-4

...and here's another:-

Source: www.bloomberg.com

Centro Bid List May Include Macquarie, Blackstone, Review Says
By Jacob Greber

March 18 (Bloomberg) -- Centro Properties Group hopes to draw up a short list of potential suitors this week that may include Macquarie Group Ltd. and Blackstone Group LP, the Australian Financial Review said.

First round offers are due this week and Macquarie hasn't been ruled out as a possible bidder, the newspaper reported without saying where it got the information. Executives from Blackstone may have been in Australia last week, the Review said.

Blackstone may consider taking part in a recapitalization of Centro, or buy assets from its banks, the newspaper said.

Centro, the owner of more than 670 U.S. malls, must refinance A$4.9 billion ($4.5 billion) of debt by April 30. Centro's banks include JPMorgan Chase & Co., BNP Paribas SA and Commonwealth Bank of Australia.

To contact the reporter for this story: Jacob Greber in Sydney at [email protected]


Ends.

Cheers, Pie :-)