Sentences with phrase «further debt extensions»
A statement from Centro company secretary Elizabeth Hourigan, reads: «Discussions with the lenders are at a preliminary stage and no assurance can be given that further debt extensions will be achieved beyond the expiry of the current debt extensions on September 30.»
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Compton was yet further in debt by the time the new credit limit was established, and, with the lender providing extensions to the cure period, by the end of June had $ 30 million to repay to become compliant.