BNET Business Dictionary

Business Definition for: Leaseback

Wiktionary Definition for: Leaseback

  • #The financial transaction where a person leases something, and then before the lease expires themself lease it from the person they leased it to. This allows the leaser out of the contract.

Additional Resources

Cable & Wireless PLC - Cable & Wireless in sale and leaseback agreement.
Cable & Wireless in sale and leaseback agreement with British Land Cable & Wireless announces that it has today completed a 25 year sale and leaseback agreement with British Land of a portion of its property portfolio. The deal cove ...
Tags: agreement, Cable and Wireless Plc.
Research articles 2007-04-02
SINGAPORE AIRLINES: Singapore Airlines signs sale-and-leaseback agreement.
M2 PRESSWIRE-25 May 1999-SINGAPORE AIRLINES: Singapore Airlines signs sale-and-leaseback agreement C1994-99 M2 COMMUNICATIONS LTD RDATE:250599 Singapore Airlines SIA recently completed an agreement with Lease Holding III Pte Ltd to sell and leaseback a Boeing 747-400 aircraft for a period of nine...
Tags: agreement, HARDWARE, Manufacturing, Semiconductor Industry Association, Semiconductors, Singapore Airlines
Research articles 1999-05-25
SINGAPORE AIRLINES: Singapore Airlines signs sale and leaseback agreement.
M2 PRESSWIRE-7 April 1999-SINGAPORE AIRLINES: Singapore Airlines signs sale and leaseback agreement C1994-99 M2 COMMUNICATIONS LTD RDATE:060499 Singapore Airlines SIA recently completed an agreement to sell and leaseback a Boeing 747-400 aircraft with C.A.T. Air LLC, an entity set up for...
Tags: agreement, aircraft, HARDWARE, Manufacturing, Semiconductor Industry Association, Semiconductors, Singapore Airlines
Research articles 1999-04-07
SEGRO PLC - Sale and Leaseback in Munich.
21 December 2007 SEGRO ENTERS MUNICH MARKET WITH EUR113m SALE AND LEASEBACK Giving SEGRO over one million square metres in Germany ...
Tags: SEGRO Plc.
Research articles 2007-12-21
Deep Sea Supply Plc signs USD198.5m ship sake and leaseback deal with Ship Finance International Limited
NORDIC BUSINESS REPORT-10 August 2007-Deep Sea Supply Plc signs USD198.5m ship sake and leaseback deal with Ship Finance International LimitedC1994-2007 M2 COMMUNICATIONS LTD http://www.m2.com Cyprus-registered Norwegian-controlled offshore supply vessels operator Deep Sea Supply Plc announced on Friday (10 August) that it has signed a heads of agreement for a...
Tags: Ship Finance International Ltd.
Research articles 2007-08-10
Deep Sea Supply Plc signs new sale and leaseback agreement with Ship Finance International Ltd
NORDIC BUSINESS REPORT-7 November 2007-Deep Sea Supply Plc signs new sale and leaseback agreement with Ship Finance International LtdC1994-2007 M2 COMMUNICATIONS LTD http://www.m2.com Cyprus-registered Norwegian-controlled offshore supply vessels operator Deep Sea Supply Plc said on Wednesday (7 November) that it has signed a new sale and leaseback agreement with...
Tags: Ship Finance International Ltd.
Research articles 2007-11-07
SR Telecom Reaches Agreement to Sell and Leaseback Montreal Facility
SR Telecom (TSX: SRX), a leading vendor of broadband wireless access solutions through its WiMAX-certified symmetryTM products, today announced that it has entered into a binding agreement for the sale of its property and building in Montreal to a Toronto-based real estate investment firm for proceeds of approximately $8.6 million....
Tags: agreement, Company
Research articles 2007-03-29
Spirit Finance Corporation Completes $56 Million Sale/Leaseback Transaction with CarMax, Inc
SCOTTSDALE, Ariz. -- Spirit Finance Corporation (NYSE:SFC), a real estate investment trust focused on single tenant, operationally essential real estate, announced that it completed a $56 million sale/leaseback transaction with CarMax, Inc. (NYSE:KMX) on June 30, 2005. This transaction is part of the over $1.0 billion in sale/leaseback and mortgage...
Tags: CarMax Inc.
Research articles 2005-07-13
Target Corp. extracting cash from Field's historic flagship; Building brings $40 million in sale-leaseback.(News)(Marshall Field's State Street store)
Byline: SANDRA JONES Target Corp. is getting its money's worth out of Marshall Field's State Street store. The Chicago department store's Minneapolis-based parent sold the building last December for $39.6 million in a sale-leaseback transaction Byline: SANDRA JONES ...
Tags: Target Corp.
Research articles 2003-11-24
G-P completes sale-leaseback.(Georgia-Pacific Corp. deal involves 38 warehouse facilities)(Illustration)
Georgia-Pacific Corp. (G-P), Atlanta, has completed the sale-leaseback transaction associated with the previously announced sale of a controlling 60 percent interest in Unisource Worldwide Inc. to Bain Capital. The transaction is valued at approxim Georgia-Pacific Corp. (G-P), Atlanta, has completed the sale-leaseback transaction...
Tags: Georgia-Pacific Corp.
Research articles 2003-01-04
UK retailer plans sale-leaseback.(Tesco selling stores to joint venture group)(Brief Article)
U.K. food retailer Tesco plans to finance a sale-leaseback transaction with a large commercial MBS offering. U.K. food retailer Tesco plans to finance a sale-leaseback transaction with a large commercial MBS offering.
Tags: retail company, Tesco
Research articles 2004-03-26
Sony Europe Completes Pan-European Sale and Leaseback Deal With Macquarie Global Property Advisors.
BERLIN, Germany, March 27 /PRNewswire/ -- Sony Europe and Macquarie Global Property Advisors MGPA have completed an agreement for the sale and leaseback of eight office and logistics properties currently owned by Sony for EUR121.1 million. BERLIN, Germany, March 27...
Tags: advisor, logistics, Sony Corp.
Research articles 2006-03-27
Mintz Levin Advises CVS Corporation in Largest Retail Sale Leaseback in US History
BOSTON -- Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C., a full-service, 450-lawyer AmLaw 100 firm with offices throughout the U.S. and in the U.K., announced that it represented CVS Corporation (NYSE: CVS), the nation's largest pharmacy chain, in an historic $1.3 billion sale leaseback transaction - the largest retail...
Tags: CVS Corp.
Research articles 2006-12-14
DineEquity, Inc. Completes Sale-Leaseback of 181 Applebee's-Owned Restaurant Locations, Enables $303 Million Reduction in the Company's Funded Debt
DineEquity, Inc. (NYSE: DIN), franchisor and operator of Applebee's and IHOP restaurants, today announced the completion of a sale-leaseback transaction for 181 Applebee's company-owned restaurant locations with an entity majority owned by affiliates of Drawbridge Special Opportunities Fund LP, Drawbridge Real Assets Fund LP and Cardinal Capital Partners. Drawbridge...
Tags: Applebee's, tax
Research articles 2008-06-17
Sovereign Investment Company Completes $72.3M in Sale/Leaseback Transactions for Rite Aid Corporation
PRINCETON, N.J. -- Sovereign Investment Company, one of the largest and fastest growing private equity investors providing sale/leaseback capital, today announced it has completed a total of $72.3 million in sale/leaseback transactions for Rite Aid Corporation in the past 12 months.
Tags: Rite Aid Corp.
Research articles 2006-04-28
Court ruling could boost sale-and-leaseback deals.
Apr 11, 2002 The Australian Financial Review ABIX via COMTEX -- An historic court ruling has effectively made property sale and leaseback deals tax deductible. In February 2002, the High Court of Australia rejected an appeal by the Australian Taxation Office ATO over two...
Tags: Australia, Australian Taxation Office, FINANCE, payment, Taxes
Research articles 2002-04-11
Britain's Hilton Group Plans Another Sale-and-Leaseback Deal.
By James Daley, Sunday Business, London Knight Ridder/Tribune Business News Nov. 24--Hilton Group, the UK hotel and gaming operator, wants to negotiate another substantial sale-and-leaseback deal on a portfolio of its hotels next year in a bid to continue paying down its debt....
Tags: Games, Hilton Hotels Corp.
Research articles 2002-11-24
Contract Awarded to Provide Independent Financial Opinion on Possible Sale-Leaseback of Government Office Properties.
GATINEAU, QUEBEC, Jun 28, 2007 CCNMatthews via COMTEX -- The Honourable Michael M Fortier, Minister of Public Works and Government Services, today announced the Government of Canada has retained the services of Deutsche Bank to provide independent financial opinion on the possible sale-leaseback of nine office...
Tags: Deutsche Bank AG, FINANCE, financial, Government, Government of Canada, SOFTWARE
Research articles 2007-06-28
HelpMate Robotics Inc. Inks New Sale-Leaseback Transaction
DANBURY, Conn.--BUSINESS WIRE--May 5, 1997--HelpMate Robotics Inc. (NASDAQ:HELPU, HELP, HELPW1; PSE: HLP) announced today that it has completed an $810,000 sale-leaseback transaction for nine (9) of its robotic courier systems to Leasing Technologies International LTI. "This is the second sale-leaseback transaction HelpMate Robotics Inc. has...
Tags: Business Wire, Company, FINANCE, leasing, Robots
Research articles 1997-05-05
Pamida Announces Completion of $7 Million Store Sale/Leaseback Agreement
OMAHA, Nebraska--BUSINESS WIRE--July 1, 1998--Pamida Holdings Corporation (ASE:PAM) today announced that it had completed the sale and concurrent long-term leaseback of five 42,500 sq. ft. Pamida Hometown Values stores.Proceeds from the sale amounted to approximately $7 million and were used to reduce the Company's revolving line of credit. The concurrent...
Tags: Business Wire, Company, FINANCE
Research articles 1998-07-01