The sale-leaseback and financing program involves:
. Our financing group purchases an existing fixed physical facility (but
not the business activity conducted in that facility) from the client for a single cash
payment in U.S. dollars.
. The client leases back the existing facility from our financing group
for approximately 20 years, makes periodic lease payments in U.S. dollars, continues to
own and control the business activity conducted in the facility, and retains all profits
generated by the business activity.
. The client uses the cash payment, from the sale of the existing facility
to our financing group, to finance the construction of a new physical facility, to expand
the business, or for any other purpose.
. At the end of the lease period, the client has the option to renew the lease
on the existing facility, purchase the existing facility back, or move the business activity
out of the existing facility and terminate the relationship. (go to Sale-
Leaseback/PLUSTM program for other options.)
The program may be used by corporations, developers, government agencies, or
any entity that meets the program requirements. The physical facilities may be any type
of infrastructure or real estate facility including power generating plants, large office
complexes, toll roads and bridges, hospitals, water treatment facilities, airports, industrial
estates, corporate headquarter buildings, large manufacturing plants, refineries, retail
stores of a large chain store, and so forth.