Focus on Debt rollover.............May 09 ...$460M (circa)
Seems to indicate NOT PLAIN SAILING
The banks have employed an insolvency expert..McGrathNicol
and GMG have KPMG
The expectation is that Refinancing will occur, but the sharp focus is on the terms.
No second term divies is the tip.
The syndicate of banks has 12 separate entities, some foreign and they are looking for an excuse to frold thgeir tents and end the sojourn here.
The local banks are down the the big four and CBA is playing hardball.
smh and afr
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$34.75 |
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Mkt cap ! $65.99B | |||
| Open | High | Low | Value | Volume |
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