All articles tagged with #debt free
Nintendo has been revealed as the richest company in Japan with a cash equivalent value of $11.44 billion and zero debt, showcasing its immense success with the Switch, theme parks, and upcoming Super Mario Bros. Movie. Other gaming companies like Bandai Namco, Square Enix, and Konami also made the list, while Sony's absence is attributed to its significant debt.
U.S. Bank Stadium, home to the Minnesota Vikings, has officially been paid off and is now debt-free. The state used the stadium reserve and $12 million from a general fund to pay off all remaining debt on the building, avoiding $226 million in interest payments and freeing up $150 million in pulltab revenues. However, the taxpayer obligation remains as the Legislature agreed to pay $15.7 million for a new perimeter fence to secure the facility, and funding for another $48 million in perimeter fencing has not yet been determined.
The U.S. Bank Stadium, home to the Minnesota Vikings, has been paid off as of Monday, making it debt-free. The stadium was built with a combination of private and public funding, with the public contributing $498 million. The stadium has been a popular venue for sports and entertainment events since its opening in 2016.