CENTRO Properties has been granted another 48-hour reprieve to give the recalcitrant members of its banking syndicate time to sort out the necessary documentation to clear the way for its rescue package.
Once that is completed, and the German bank WestLB is satisfied its $200 million loan to Centro can be secured, a deadline for its debt refinancing of December 15 is tipped to be approved.
this is new news
lookin good..
westlb convert its loan to secured loan...hahahah....
now we all know why the german play up..
CNP Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
