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Reuters: Australia's Centro wins A$2.8 bln loan reprieve

Started by chris, June 02, 2008, 02:41:36 PM

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chris

Australia's Centro wins A$2.8 bln loan reprieve
      


MELBOURNE (Reuters) - Centro Properties Group , one
of Australia's biggest casualties of the global credit crunch,
won more time to repay about A$2.8 billion ($2.67 billion) in
debt, sparking a rally in its shares on Monday.
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