Terra Firma's Odeon sells properties under sale-and-leaseback

The cinema operator is using a financial tool that is sometimes considered to be controversial

Odeon, the cinema operator owned by Guy Hands' Terra Firma, has made use of a financial tool that is sometimes considered to be controversial to free up capital.

The property arm of the Odeon & UCI Cinemas Group first completed a sale and leaseback of some of its properties in 2007 and has now sold 10 of its properties under the structure.

WSJ Logo
Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump