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I'd imagine they have a lot of secured debt in the form of commercial mortgages. AFAIK they own some of their property rather than leasing it.
by soVeryTired 9y ago
I'd imagine they have a lot of secured debt in the form of commercial mortgages. AFAIK they own some of their property rather than leasing it.
- rahimnathwani 9y agoProbably. But the bond holders wouldn't be _last_ as the OP suggested.