Investor Presentaiton
Well-positioned balance sheet¹
97%
5.4%
$
Average cost of debt
of debt denominated in
US$
88%
%
Fixed rate debt
1111
FIBRA
Macquarie
México
US$280m
Undrawn committed
revolver
O
MACQUARIE
34.2%2
Real estate net LTV
4.0 years
Average debt tenor
remaining
5.0x
$
3.7x
Net debt/EBITDA ratio³
Interest coverage ratio4
Balance sheet is comprised primarily of unsecured debt
1. As of September 30, 2022.
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 3Q22 average FX Rate: 20.3890 for 3Q22 LTM EBITDA and EOP FX Rate: 20.3058 for debt balances.
4. 3Q22 LTM NOI/3Q22 LTM interest expense.
5. Calculated using percentage of investment properties value.
70.7%
Assets unencumbered5
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