📊 Topic

Net debt-to-EBITDA ratio

1 story · First covered Mar 29, 2026 · Latest Mar 29
Net debt-to-EBITDA ratio Coverage
Minor International Is Spinning Off $1 Billion in Hotels. The Owners Left Holding the Bag Are the REIT Unitholders.

Minor International Is Spinning Off $1 Billion in Hotels. The Owners Left Holding the Bag Are the REIT Unitholders.

Minor International wants to dump 14 hotels into a Singapore REIT, call it "asset-light," and let someone else worry about the CapEx. If you've ever watched a company renovate properties right before a sale, you already know what's happening here.