1 active facility, size not stated, next covenant test Sep 30, 2026. DEA
Maintain at all times a Leverage Ratio of not greater than 60%; provided, however, that the Leverage Ratio may be increased to 65% for the four consecutive fiscal quarters following the fiscal quarter in which a Material Acquisition occursRead the filing on sec.gov ↗
Maintain at all times a Secured Debt Leverage Ratio of not greater than 40%.Read the filing on sec.gov ↗
Maintain at all times a Dividend Payout Ratio of equal to or less than (A) 95% or (B) such greater amount as may be required by applicable law to maintain status as a REITRead the filing on sec.gov ↗
Maintain at all times a Fixed Charge Coverage Ratio of not less than 1.50:1.0.Read the filing on sec.gov ↗
Maintain at all times an Unsecured Leverage Ratio of not greater than 60%; provided, however, that the Unsecured Leverage Ratio may be increased to 65% for the four consecutive fiscal quarters following the fiscal quarter in which a Material Acquisition occursRead the filing on sec.gov ↗
Maintain at all times an Unencumbered Asset Debt Service Coverage Ratio of not less than 1.75:1.00.Read the filing on sec.gov ↗
Signed Jun 25, 2026
| Tranche | Size | Matures | Margin |
|---|---|---|---|
| Term Loan A | n/a | Jun 2031 | n/a |
Priced over Term SOFR, floor 0 bps (Term Loan A).
Lenders: U.S. BANK NATIONAL ASSOCIATION, PNC CAPITAL MARKETS LLC, TRUIST SECURITIES, INC., WELLS FARGO BANK, N.A., PNC Bank, National Association, Wells Fargo Bank, N.A., Truist Bank, Raymond James Bank, N.A., U.S. Bank National Association, Banco De Sabadell, S.A., Miami Branch
No amendments on file yet.
Email [email protected].