sale and leaseback


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Related to sale and leaseback: Sale and Leaseback Agreement

sale and leaseback

a transaction whereby a business (whether incorporated or not) sells a property (often its factory or offices) to raise capital and then leases it back at a rent from the purchaser.
References in periodicals archive ?
LONDON: Zain Saudi shares jumped 2 percent on Wednesday after the phone company signed a SR2.52 billion sale and leaseback deal.
Ampco-Pittsburgh Corporation (NYSE:AP) announced on Saturday that it has closed on a sale and leaseback transaction for gross proceeds of USD19.0m and provided preliminary estimates of selected operating results for its third fiscal quarter ending 30 September 2018.
The sale and leaseback enables the group to release 65% of that value whilst retaining a long term lease, control of the operations and associated profits of the Hotel thereby keeping the remaining 35% within the group.
CEO Paul Gregorowitsch commented Oman Air is keen to pursue different options to finance new aircraft joining our fast-growing fleet, and one of those options is sale and leaseback.
"We are pleased to have mandated Standard Chartered for the sale and leaseback of three B737-800s from 2014-15.
Last Wednesday, Torm entered a sale and leaseback deal for another product tanker, the Torm Margrethe.
airberlin, a German carrier, today signed a sale and leaseback contract with Volito Aviation Services, on behalf of VGS Aircraft Holding (Ireland) Limited.
EK Senior VP-Corporate Treasury Brian Jeffery noted that the deal is the carrier's "first engine sale and leaseback transaction and is important for Emirates in that it gives us a great deal of operational flexibility for a significant part of our engine fleet." Apr 12, 2010
In this environment when raising finance is more difficult and residual values are falling, firms that outright purchase vehicles would do well to consider looking at sale and leaseback options to protect themselves against falling values and to free up capital tied up in their vehicles.
BRITAIN'S biggest supermarket chain Tesco has raised pounds 308m from two sale and leaseback deals.
SALE and leaseback options might have been popular in the commercial property boom, but they are looking a distinctly less attractive option for loan-starved Tees Valley companies wanting to release equity for investment.