let's not forget, and how many times do I have to say it,
CNP do not have to eliminate all their debt !!
How many ASX 100 companies have zero gearing ? - very few.
Rufrano has indicated that the banks ARE willing to refinance all their loans on long term basis if they can lower their gearing to a more acceptable level. More acceptable level does not mean zero to me. Probably less than 50%.
Asset sales of $1 - 2 B should be sufficient.
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let's not forget, and how many times do I have to say it,CNP do...
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