Centro's chief executive, Glenn Rufrano, won a conditional extension of the group's first debt repayments until May 30. If demands are met, Centro's bankers will hold off until another deadline of December 15.
Centro is yet to announce any big assets sales or capital raisings, although there have been property market suggestions that contracts are close to being exchanged on about 10 of its small to medium shopping centres.
SMH 27th May
rumour of asset sales
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