For the primary quarter of 2021, the Company expects adjusted EBITDA to range from $95 million to $110 million. Net Debt — As of December 31, 2020, the Company’s leverage ratio for covenant functions was 5.4x, well throughout the 7.5x amended covenant. The Company had $4.2 billion of company debt outstanding as of December 31, 2020, which excluded $2.2 billion of non-recourse debt related to its securitized notes receivable. The Company’s next long-term debt maturity is $250 million of secured notes due March 2021. At the top of the fourth quarter, the Company had $1.6 billion of liquidity in cash and money equivalents and revolving credit score facility capacity.
- The location is strictly underwraps, and there is no password – the one means in is to attain an invitation from the workers at sister bar MAG Café.
- After a day of adventure, examine into the Four Seasons Resort and Residences