Investor Presentaiton
Strong Balance Sheet
mapletree
industrial
31 Dec 2023
30 Sep 2023
Total debt
S$3,124.0 million
S$3,063.3 million
Weighted average
3.4 years
3.3 years
tenor of debt
Aggregate leverage
38.6%
37.9%
ratio1
Strong balance sheet to pursue growth opportunities
'BBB+' rating with Stable Outlook by Fitch Ratings
Loans are largely unsecured with minimal covenants
Issued S$50 million 3.751% fixed rates notes due
2027 in Feb 2024
DEBT CURRENCY PROFILE
As at 31 December 2023
15.3%
0
63.0%
JPY Borrowings
SGD Borrowings
21.7%
USD Borrowings
1
In accordance with Property Funds Guidelines, the aggregate leverage ratio includes proportionate share of aggregate leverage as well as deposited
property values of joint venture. As at 31 Dec 2023, aggregate leverage including MIT's proportionate share of joint venture is S$3,675.7 million.
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