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sale and lease back

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sale and lease back
n
(Business / Commerce) a system of raising capital for a business by selling the business property and then renting it from the new owner for an agreed period
Translations
sale and lease back n (Fin) → vendita con patto di locazione


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The cuts include: the sale and lease back of two headquarter buildings in Hato Rey for US$62 million; the sale of its merchant business for US$12.
This sale and lease back will initially reduce the group's debt levels and provide debt capacity to fund future growth.
3m after exceptional gains on the sale and lease back.
 
 
 
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