CNP 0.00% 4.0¢ cnpr group

remember caf could be sold within 30 days..., page-4

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    centro2008 - CNP do not need to repay all their debt !
    The banks have indicated they are willing to refinance the loans if they can lower their gearing. Most companies borrow and are geared, some more than CNP ( about 70% ).
    So they only need to sell some assets to lower their gearing perhaps to 50% ( not unusual for an ASX listed company )
    not all $4B, and then the banks should refinance their loans.
    That's what Rufrano has indicated.
 
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