Situation

Husqvarna was carrying an unoccupied lease obligation with 4 years remaining. Client wanted to find a sub-tenant and use Midas to off-set any rental gap.

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Approach

Midas issued Husqvarna its full lease obligation in Midas trade credits which are successfully used to reduce planned media expenditures.
  • Reduced cash outlay on future media

  • Elimination of $800,000 in carrying costs

Results

Husqvarna restored full value on its vacant lease and identified sub-lessor which further increased cash flow.

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