glenn rufrano talks to wall street journal

1420 [Dow Jones] Centro Properties (CNP.AU) chief executive Glenn Rufrano is optimistic CNP's lenders will extend its April 30 deadline for paying off US$4.9 billion in short-term debt to Sept. 30. Rufrano tells the Wall Street Journal that, if CNP fails to land the extension, it will need to go into administration. Rufrano says it is unlikely that CNP won't be granted an extension. CNP has twice persuaded its lenders to grant it extensions. CNP is currently soliciting bids for two of its investment funds and seeking suitors to invest capital in exchange for equity. Last trade down 7.7%, or 3.5 cents, to 42 cents. (ABH)