A Centro spokesman hosed down speculation that a debt deal between Australia's largest property investor and 13 banks and 10 US insurance company noteholders had already been done.
"We are continuing discussions with our lenders," a Centro spokesman told AAP.
How does the statement "We are continuing discussions with our lenders," lead to the conclusion that a debt deal has not been done? I am sure if you call investor services thats what they would tell you up until a release has been posted on the ASX.
More media dribble.
CNP Price at posting:
8.7¢ Sentiment: Hold Disclosure: Held