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Macquarie CountryWide announces extension of German Debt Facility and Reduced Head Trust Facility Covenant

12/10/2009

Macquarie CountryWide Trust (ASX: MCW) today announced it has agreed terms and received formal credit approval, subject to documentation, for the extension of its property-level loan facility in Germany, and has negotiated a further reduction of the “tangible net worth” covenant on the head trust multi-currency debt facility in Australia.

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