Investor Presentaiton
Well-positioned balance sheet¹
97%
5.2%
$
Average cost of debt
of debt denominated in
US$
92%
%
Fixed rate debt
1111
5.1x
Net debt/EBITDA ratio³
FIBRA
Macquarie
México
US$228m
Undrawn revolver
MACQUARIE
35.1%²
Real estate net LTV
4.5 years
Average debt tenor
remaining
3.8x
Interest coverage ratio4
Balance sheet is comprised primarily of unsecured debt.
1. As of April 5, 2022 (post refinancing transaction).
2. Real estate net LTV calculated as proportionally combined (debt + tenant security deposits - cash - deferred sales proceeds) / (fair market valued property values + land reserves + work in progress).
3. Net debt/EBITDA ratio is in USDe using 1Q22 average FX Rate: 20.5242 for 1Q22 LTM EBITDA and EOP FX Rate: 19.8435 for debt balances.
4. 1Q22 LTM NOI/1Q22 LTM interest expense.
5. Calculated using percentage of investment properties value.
70.8%
Assets unencumbered 5
20
20View entire presentation