BEC becton property group

more good news

  1. 498 Posts.
    TO fully repay NAB $62 Million


    Becton Property Group Limited (?Becton? or ?the Group?) has negotiated an extension of its project debt facility with the National Australia Bank (?NAB?). Proceeds of recent asset sales have reduced this facility, which expired on 31 May 2010, to $62.3 million. The facility has
    been extended to 30 June 2010 to allow Becton time to complete settlement of a number of noncore asset sales. All proceeds from these settlements will be applied to fully repay this debt.
 
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