AX1 1.65% $1.85 accent group limited

Can someone more knowledgeable than me explain AX1 debt...

  1. 249 Posts.
    Can someone more knowledgeable than me explain AX1 debt situation? Commsec currently reports their long term debt as $340,000,000. As I understand a lot of this is rent they pay on leases for stores? Is this pure rent or do they plan on owning any stores to build assets?
 
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