They dot a 120-mile-long stretch of the Bahamas, comprised of Abaco, Little Abaco, and a scattering of smaller cays. Instead, it’s a more conventional island expertise, where quaint fishing villages, welcoming locals, and a relaxed, family-friendly feel are what vacationers encounter. The Abacos also occur to boast some of the most spectacular boating waters on the planet. The strategic location of this lodge makes it a hot favourite for expats and corporates.
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Net Debt — As of March 31, 2023, the Company’s leverage ratio for covenant purposes was 3.7x. The Company had $3.5 billion of corporate debt excellent as of March 31, 2023, which excluded $2.0 billion of non-recourse debt associated to its securitized notes receivables portfolio. At the end of the first quarter, the Company had $980 million of liquidity in money and cash equivalents and …
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