CENTRO Properties remains confident its bankers and noteholders will formally consent to a "long-term refinancing and stabilisation" plan as soon as today, despite confirming yesterday the expiry of a $5.05 billion debt facility.
OZ MINERALS has received a last-minute lifeline from its bankers, who have granted it a two-month extension on the refinancing of more than $800 million in debt.
WHILE the Commonwealth Bank has been busy putting out spot fires after fumbling its $2 billion capital raising last week, bad debts on its books have piled up faster than expected.
By using a refinancing loan to get better terms on your mortgage, you may be able to increase the length of your mortgage or increase your ability to repay.