The LOI for sale-leaseback
of 11 aircraft is expected to reduce the Norwegian Groups financial net debt by approximately NOK 1.
For example, Transwestern client Flagler Construction Equipment recently closed a $17 million sale-leaseback
of its industrial portfolio in Florida, which provided valuable capital for Flagler and a desirable yield on the buyer's investment, Watson said, adding that Flagler needed to free up capital to purchase extra equipment and increase sales.
The key component to the sale-leaseback
transaction is the lease that will be negotiated between the seller and the third-party purchasing the property (the new owner).
commercial aircraft leasing subsidiary said it has completed the final delivery of an American Airlines (OTCQB: AAMRQ) Boeing (NYSE: BA) 737-800 as part of a 15-aircraft sale-leaseback
The investor could be using the sale leaseback to diversify a larger equity portfolio or it could be a real estate investment trust specialized in sale-leaseback
Under the terms of the sale-leaseback
agreement AerCap will purchase the aircraft from American and immediately lease them back to the carrier.
The most obvious benefit is that the sale-leaseback
allows the business to convert equity in its real estate into capital that it can use in its business, while still retaining control (via a lease) of the property it has been operating in.
is an arrangement in which the seller of an asset leases back the same asset from the purchaser.
In it simplest form, a sale-leaseback
entails the sale of corporate real estate and the simultaneous commitment to a long-term lease, generally 15 years or longer.
Statement 145 amends Statement 13 to require that certain lease modifications that have economic effects similar to sale-leaseback
transactions be accounted for in the same manner as sale-leaseback
Once upon a time, a good way for long-term care owner/operators to raise investment capital was to arrange a sale-leaseback
deal with a real estate investment trust (REIT).
Under the facts of the CIE corporation A entered into a sale-leaseback
of depreciable equipment with B (a thinly capitalized partnership), in exchange for B's note.