CNP 0.00% 4.0¢ cnpr group

If banks need repayment now, could reverse logic apply...?Give a...

  1. 156 Posts.
    If banks need repayment now, could reverse logic apply...?

    Give a long term extension/refinancing allowing:
    a. Share price stability/recovery - capital raising can then occur or
    b. If share price doesn't recover to decent enough price, a takeover could then be favourable, in which case the new owners could buy centro for say $1B plus inject another $2B for the refinancing.

    Either option banks may actually get paid out sooner than going down a D2E swap which could take 2-3years before they can redeem their equity...
 
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