CER 0.00% 32.0¢ centro retail group

refinancing problem, page-5

  1. 3,298 Posts.
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    Moyanous,
    Unfortunately, CNP directors probably thought they did a good job in the circumstances. Also remember banks control what prices they will accept for assets held in joint venture/partnership with CNP. The banks are not about to heavily discount these assets, so sales are not as simple as just selling down assets & reducing debt.
    Regards
    Buffett
 
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