Corsicana tenant reimbursement financing
Company: Riot
The claim, verbatim
Riot expects to fund tenant reimbursements with non-recourse project debt sized to contracted rent; if comparable market financing is unavailable, the tenant will fund them directly and recover them as a credit against rent.
Source (primary)
riot 8-K exhibit (riot-ex99d1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-05)Live source ↗
Quote: “Reimbursements to the tenant are expected to be funded with non-recourse project debt sized to contracted rent. If financing on comparable market terms is not available, the tenant will directly fund the reimbursements, which will be recovered as a credit against rent over the remaining lease term.”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms riot 8-K exhibit (riot-ex99d1.htm)
Quote: “Reimbursements to the tenant are expected to be funded with non-recourse project debt sized to contracted rent. If financing on comparable market terms is not available, the tenant will directly fund the reimbursements, which will be recovered as a credit against rent over the remaining lease term.”