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sexually transmitted infections and tuberculosis prevention. One of the biggest cuts
“KLC: Management's Discussion and Analysis of Financial Condition and Results of
or for restructuring costs incurred in combining the two businesses. These and other
2006"" in Appendix D and Notes 11 and 21 to
and KLC PropCo leased its owned centers back
the proceeds of which were primarily used to repay the
KLC PropCo entities incurred $650 million of mortgage
KinderCare had approximately $300 million of nonrecourse mortgage debt
KLC acquired KinderCare and incurred $540 million of term debt (the “Acquisition Term
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40 million were occupied by women. Today
which necessitates two full-time wage earners for most families. Of the nearly 65