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Published on 3/1/2011 in the Prospect News Bank Loan Daily, Prospect News Convertibles Daily, Prospect News Distressed Debt Daily and Prospect News High Yield Daily.

Moody's puts Centro on uncertain review

Moody's Investors Service said it placed the Caa2 senior debt ratings of Centro NP LLC (formerly New Plan Excel Realty Trust, Inc.) on review direction uncertain.

Centro Properties Group said it entered into a binding stock purchase agreement with BRE Retail Holdings, Inc, an affiliate of Blackstone Real Estate Partners VI, LP, according to the agency.


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