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The REIT is facing a $300 million mortgage debt maturity in 2018, and could do either a senior notes offering at a 4.25% interest rate,
- The REIT is facing a $300 million mortgage debt maturity in 2018, and could do either a senior notes offering at a 4.25% interest rate, or a perpetual preferred offering at a yield of 6.5%. What is the impact on the following credit ratio of each alternative?
- Leverage
- Fixed Charge coverage
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Consumer Credit And The American Economy
Authors: Thomas A. Durkin, Gregory Elliehausen, Michael E. Staten, Todd J. Zywicki
1st Edition
