Jockey Club de São Paulo could sell buildings to reduce debt
Jockey Club de São Paulo estaria avaliando a venda de seus imóveis para reduzir sua dívida
Intel ID : 234111
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Jockey Club de São Paulo, a company that manages Cidade Jardim hippodrome, is analyzing the possible sale of its buildings to reduce its debt, as published by newspaper Valor Econômico on 23 February 2016. According to the news, Jockey Club de São Paulo's debt exceeds BRL 48m, and its main way out, offered the club's current management team, is to sell property. These include a building with a lease agreement with a large furniture retail chain, a gas station and Training Center in Campinas, which consumes some BRL 1.2m, just in maintenance.
(content in portuguese)
O Jockey Club de São Paulo, que administra o hipódromo de Cidade Jardim, estaria avaliando a venda de seus imóveis para reduzir sua dívida, segundo publicou o Valor Econômico em 23 de fevereiro de 2016. De acordo com a publicação, as dívidas do Jockey Club de São Paulo ultrapassam BRL 48m, e principal saída oferecida pelo atual comando do clube é a venda de imóveis, entre eles um atualmente locado para uma grande rede de lojas de móveis, um posto de gasolina e o Centro de Treinamento de Campinas, que consome, por ano, BRL 1,2m apenas em manutenção. |
| Intel ID | 234111 | |
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Brazilian Real (BRL)
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Seller
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15.10.08 Sports, Recreation & Entertainment 15 Consumer Products & Services / 15.10 Travel, Hospitality & Leisure |
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50.02.99 Other NGOs 50 Public Services & NGOs / 50.02 Non-Governmental Institutions, Organizations & Associations |
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Legend:
Verified: Confirmed as a party to an active or possible transaction.
Potential: Unconfirmed as a party to an active or possible transaction.
Retained: Confirmed as “Retained” with a general or specific mandate.
Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.
Transactional data is continuously updated by the research team and therefore is subject to change.