Investor Presentaiton
CONSERVATIVE STRUCTURE WITH STRONG LIQUIDITY
DEBT METRICS AS OF JUNE 30, 2021
3.6% weighted average interest rate
84.4% fixed rate debt (1)
☐ 4.2 year weighted average debt maturity
No property debt maturities until 2023
CITY OFFICE REIT
LIQUIDITY AS OF JUNE 30, 2021
$13 million of cash and cash equivalents
□ $23 million of restricted cash at property level
□ $300 million unsecured credit facility of which $50
million is a term loan and $250 million is a revolving
line of credit
□ $96 million of the $250 million revolving line of
credit was drawn at June 30, 2021
WELL-STAGGERED DEBT MATURITIES ($000s) - JUNE 30, 2021
$700,000
$600,000
$500,000
Debt Balance: $615.6 million (2)(3)
$400,000
$300,000
$189,350
Credit Facility
$200,000
$96,000
Interest Rate:
1.50%
$100,000
$43,288
Interest Rate:
3.10%
$122,480
Interest Rate:
3.47%
$94,249
Interest Rate:
4.36%
Interest Rate:
4.10%
$70,250
Interest Rate:
4.36%
$0
2021
2022
2023
2024
2025
2026
2027
2028
2029
(1)
(2)
123
Included in fixed rate debt is $50 million of term loan debt that has been effectively fixed throughout the duration of the term loan pursuant to a swap agreement
$615.6 million represents the principal debt balance as of June 30, 2021 before deferred financing costs and unamortized fair value adjustments
(3) $6.7 million of indebtedness attributable to non-controlling interests
13View entire presentation