CER centro retail group

next run imminent, page-5

  1. 7,970 Posts.
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    Sarcophagus,

    Why would a receiver be appointed? CER has extended the maturity of it debts. If they are in breach of loan covenants, I can't see the lenders appointing a receiver. So I would say anyone who thinks a receiver will be appointed, needs to do more research.

    I realise you're not saying that a receiver "will be" appointed, but I think it's important to note how unlikely it is that a receiver will be appointed.

    Cheers.
 
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