To date, the company's outstanding debt stands at $467 million (plus interest), according to the latest documents. It has to pay more than one quarter of that"$119 million"in interest and principle this year, and around $84 million for each of the next four years. That debt burden, coupled with an extended period when Sotheby's isn't […]
SOURCE: ArtsJournal at 06:24PM on May 6, 2020