Risk Factors Update Summary
- Debt leverage decreased from 69% to 68% ($4.3 billion debt) with potential refinancing risks.
- Interest expense significantly increased due to high interest rates, impacting borrowing costs.
- Market challenges may hinder property sales, reducing liquidity and hindering leverage reduction.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=1717307&owner=exclude
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