Sentences with phrase «afloat as its creditors»
Struggling shopping center operator Centro Properties Group, one of the most high - profile victims of the credit crunch, remains afloat as its creditors this week extended the Melbourne - based listed property trust a lifeline by giving the firm a...
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Struggling shopping center operator Centro Properties Group, one of the most high - profile victims of the credit crunch, remains afloat as its creditors this week extended the Melbourne - based listed property trust a lifeline by giving the firm a six - month extension to pay down $ 2.5 billion in debt.