Edo,Centro have defaulted. They failed to repay short term debt...

  1. 15,866 Posts.
    Edo,

    Centro have defaulted. They failed to repay short term debt when it was due.

    They dont have options to chose from. The banks will tell them what to do including closing their doors.

    It is a lousy position to be in as other people tell you what you must do.
 
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