UPDATE 1-Centro says can't extend interest rate hedges (Reuters Finance News, Australia via Yahoo!7 Finance)
Story date: 2008-01-03 10:44:21
Added on: 2008-01-03 23:00:13
SYDNEY, Jan 4 (Reuters) - Centro Properties Group CNP.AX, Australia's second high-profile victim of the global credit crisis, said it had been unable to extend maturing interest rate hedges on its borrowings, potentially causing greater volatility in its earnings.
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