The company said the decision to withhold the interest payment will allow the partnership to operate normally as it continues restructuring talks with its lenders,Aug 3, 2009
http://www.friends.ca/news-item/8549
Despite the payment deferral on the subsidiary's senior subordinated notes, Canwest said creditors are not in a position to demand that the partnership repay the full $400-million it owes until at least Sept. 1.
