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| Re: | Vizsla Breeder Wanted | | Ad: | Whereabouts in are you from? http://www.leevalleygcc.ie/contact/ lend cash Fitch expects GSB to maintain stable EBITDA margins of around 70%. The company's stable margins reflect a lease structure that is primarily comprised of fixed rent payments and tenant reimbursements, which cover costs associated with property management and taxes. GSB's EBITDA for the latest 12 months (LTM) ended June 30, 2013 was BRL142 million, a 30% increase over the LTM ended June 30, 2012. The EBITDA growth was driven by investments of BRL391 million during the LTM June 2013. Net capex levels for 2013 are projected to be approximately BRL187 million. GSB's ratings incorporate expectations that the company's EBITDA will grow to around BRL165 million during 2013.
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