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What happens to the bondholders when the landlords evict the restaurants for not paying rent, thereby guaranteeing there won't be rental income for a year+? So
by xxpor 7y ago
What happens to the bondholders when the landlords evict the restaurants for not paying rent, thereby guaranteeing there won't be rental income for a year+?
Someone's going to have to suck it up. In this case, it is the bondholders. It's not a risk free investment.