Brookfield will get nothing, that's pretty clear, equity holders come last. The lenders will get whatever the operating units get sold for (less other liabilities) whether that's to a single buyer or multiple. If, as suggested, the operating units get sold to a single buyer & the leases remain in place it's up to the landlord & potential new operator(s) to negotiate any amendments to the leases or incentives to be paid, not the current CEO. It's been well publicised that HCW has been in discussions with potential new operators for a while, a part of that will be about the terms of the leases. Of course La Pina is going to side with the potential buyers in the media, it's in his best interests to do so. As for the outstanding rent, that remains due by the entities that the leases are with held by I.e the operating entities that are not in Receivership.
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)