Southern Cross lenders agree to postpone test of its banking convenants – Communitycare.co.uk

Posted on April 23, 2011 by admin

The care homes group says it is maintaining “regular and constructive dialogue with its lenders who continue to be supportive”. But for how long? The postponement may help the group but key to its survival is its ability to agree terms with its landlords …
“rent reductions” – Bing News

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