	princeville pvdc gets letter of credit qintex ltd of brisbane said westpac banking corp of australia has issued a commitment letter to provide princeville development corp with the letter of credit required under qintex s proposed uisition of princeville the letter of credit would ensure payment of princeville s contingent subordinated notes to be distributed to shareholders of record on the day immediately following completion of qintex s tender for princeville share it said issuance of the letter of credit is still subject to conditions including appropriate documentation but the letter is expected to be issued around april three qintex said as a result it has extended its tender offer for princeville shares until april three it said through yesterday it had received shares under the offer reuter 
