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The value of each coupon was random, with Toys R Us coupons ranging from $1 to $5; up to $5 in coupons could be used in a single transaction. In 2008, these coupons were redeemed for up to 25% off any Foot Locker item(s). Since 2009, the promotion has not featured any coupons.
Debt is still outstanding, some of which has been converted to common stock, from just under $125 million down to $7,000. Sums loaned to entities that have gone into, and in some cases emerged from bankruptcy or receivership are provided. Additional sums have been written off, for example Treasury's original investment of $854 million in Old GM ...
In addition to the term loan and equity contributions, a $125 million line of credit was opened, due in 2017. [ 99 ] In May 2013 Moody's downgraded the loan due to concerns that the highly leveraged company was experiencing lower than projected sales volumes, higher distribution costs, and delays in achieving the synergies needed.
In 2009, Griffin purchased a full floor apartment at 820 Fifth Avenue in New York City for $40 million. [192] [193] [194] In 2015, Griffin purchased two apartments at the top of the Faena House, a condominium on Collins Avenue in Miami Beach, Florida for $60 million. He sold them in late 2020 at a loss. [192] [195]
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