Quote:
Originally Posted by LouisVanDerWright
Another reason they won't cut the height is THAT THEY ALREADY HAVE ALL OF THE MONEY SITTING IN SPECIAL ACCOUNTS THAT THEY CANT EVEN TOUCH WAITING TO BE SPENT ON AND ONLY ON FINISHING THIS BUILDING TO ITS FULL HEIGHT.
Seriously people, how hard is it to understand that this project is a done deal.
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^ That would be the opener, not a side note. But there's nothing like making an argument so airtight it starts flying...
So there's a covenant prohibiting refinancing, then? No buying out a loan? No secondary markets taking it off the creditor's account for looser restrictions on the investment? Not saying this would happen, because it's irrational financially. But everyone knows Wanda has financing...
I'm just surprised China needed the wealth back now, versus next year. Big megacity plans? Another amusement park endeavor?