reply That is credit substitution: the building is financed against an AA name via Nvidia credit. Lenders won't consent | Hanami
reply That is credit substitution: the building is financed against an AA name via Nvidia credit. Lenders won't consent to the swap, so Nvidia likely stays primary obligor until the project de-levers. On this deal, Nvidia carries $19.6B of leases signed for reassignment. (3/5)