the SMH has this to say today in an article on CNP 'Centro has until december 15 to repay its overall $6.5 billion in debt' To me this is a ridiculous statement to make not many companies no matter how strong could repay a debt of this magnitude ,i think a lot of these financial reporters have been to journoes school maybe they could do with some financial studies. THe writer may have meant refinance or restructure but repay is not the word to use
CNP Price at posting:
0.0¢ Sentiment: None Disclosure: Held
