ILPT Q2 2023 Financial Results
Debt Maturity Schedule
As of June 30, 2023
(dollars in thousands)
$(Thousands)
$3,000,000
$2,500,000
$2,000,000
$1,500,000
$1,000,000
$500,000
$0
$8,812
2023
$18,114
$1,400,000
$1,235,000
2024
Secured Fixed Rate Debt
Holland
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(2)
(3)
(1)
$18,794 $19,495 $20,229 $20,989
2026
2027
2025
2028
$671,777
2029
$113,595
2030
Secured Floating Rate Debt of consolidated joint venture
(2)
$22,413
2031
$721,753
2032
$63,784
2033 and
thereafter
(3)
Secured Floating Rate Debt
7409 Magi Drive
Hanahan, SC
91,776 Square Feet
ILPT Ownership: 100%
INDUSTRIAL LOGISTICS
PROPERTIES TRUST
(1) Principal balance excludes unamortized debt issuance costs related to these debts. Total debt outstanding as of June 30, 2023, including unamortized debt issuance costs totaling $33,479, was $4,301,276.
(2) The $1,400,000 floating rate loan of ILPT's consolidated joint venture matures in March 2024, subject to three, one year extension options. See pages 22-25 for further information relating to this joint venture.
(3) The $1,235,000 floating rate loan matures in October 2024, subject to three, one year extension options.
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Earnings Presentation Q2 2023 11View entire presentation