{ "docId": "019de517-02fa-7341-b234-82f95a9b584c", "docSlug": "5a84210a6c5e5e43324d468dc9fb882d", "documentTitle": "Netstreit | Investor Presentation Deck | 39 slides", "authorId": "netstreit", "authorName": "Netstreit", "documentKindSlug": "pitchdeck", "documentKindLabel": "Pitch deck", "sourceTypeSlug": "investor_relations", "sourceTypeLabel": "Investor relations", "presentationDate": "2023-10-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.3333334, "pageNumber": 33, "pageCount": 39, "prevPage": 32, "nextPage": 34, "slideType": "other", "function": "analyze_data", "density": "overcrowded", "nDataPoints": 40, "notes": null, "elementsJson": null, "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019de517-02fa-7341-b234-82f95a9b584c/33", "deckHref": "/decks/019de517-02fa-7341-b234-82f95a9b584c", "deckJsonHref": "/decks/019de517-02fa-7341-b234-82f95a9b584c.json", "deckAnchorHref": "/decks/019de517-02fa-7341-b234-82f95a9b584c#slide-33", "components": [ { "bbox": { "h": 0.31, "w": 0.404, "x": 0.56, "y": 0.458 }, "kind": "chart", "text": "Debt Maturity Schedule\n$600\n$500\n$400\n$300\n$200\n$100\n$0\n2023 2024 2025 2026 2027 2028 2029\n$8 $175 $200 $250 $400\n2024 Unsecured Term Loan\n2029 Unsecured Term Loan\nRevolving Credit Facility Capacity\n2028 Unsecured Term Loan\nMortgage Note", "attrs": {}, "subkind": "bar-stacked", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "219789a1-2346-4ef2-a0ba-02e063513f7e", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.28, "w": 0.26, "x": 0.199, "y": 0.46 }, "kind": "chart", "text": "Fixed vs. Floating Debt\nFloating, 7%\nFixed, 93%", "attrs": {}, "subkind": "pie", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "2b283cac-67da-4619-8cc7-494e2a096068", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.12, "w": 0.87, "x": 0.09, "y": 0.81 }, "kind": "list", "text": "Rates presented exclude the impact of capitalized loan fee amortization.\nInterest rate reflects the all-in borrowing rate as of September 30, 2023. Facility fees are charged at an annual rate of 0.15% of the total facility size of $400 million, and are not included in the interest rate presented. The facility matures on August 11, 2026 and includes a one-year extension option.\nInterest rate consists of the fixed rate SOFR swap of 0.12%, plus a credit spread adjustment of 0.10% and a borrowing spread of 1.15%. See the $175 million Term Loan - Interest Rate Schedule table for additional detail on the fixed interest rate changes through the fully extended maturity.\nInterest rate consists of the fixed rate SOFR swap of 2.63%, plus a credit spread adjustment of 0.10% and a borrowing spread of 1.15%. The swap terminates of February 11, 2028.\nInterest rate consists of the fixed rate SOFR swap of 3.64%, plus a credit spread adjustment of 0.10% and a borrowing spread of 1.15%. The term loan matures on July 3, 2026 and includes two one-year extension options and one six-month extension option.\nThe mortgage note was assumed as part of an asset acquisition during the third quarter of 2022.", "attrs": {}, "subkind": "bullet", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "2987e586-2ddb-41af-9d4b-4fa258667daf", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.019, "w": 0.299, "x": 0.076, "y": 0.08 }, "kind": "paragraph", "text": "(unaudited, dollars in thousands)", "attrs": {}, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "44a4195d-3314-436c-ae17-a0e1270acd50", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.189, "w": 0.794, "x": 0.076, "y": 0.138 }, "kind": "table", "text": "Debt Summary\nFully Extended Maturity\nPrincipal Balance\nInterest Rate(1)\nRemaining Capacity\nAvailable Term (years)\nUnsecured revolver(2) August 11, 2027 $ 42,000 6.42% $ 358,000 3.9\nUnsecured term loan(3) January 15, 2027 175,000 1.37% 3.3\nUnsecured term loan (4) February 11, 2028 200,000 3.88% 4.4\nUnsecured term loan (5) January 3, 2029 150,000 4.89% 100,000 5.3\nMortgage note(6) November 01, 2027 8,399 4.53% 4.1\nTotal / Weighted Average $ 575,399 3.57% $ 458,000 4.2", "attrs": {}, "subkind": "data", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "ccf6ba4e-021b-43c6-a4c8-687ec59abc3a", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.12, "w": 0.449, "x": 0.076, "y": 0.34 }, "kind": "table", "text": "$175 million Term Loan - Interest Rate Schedule\nStart Date\nEnd Date\nApplicable Balance\nFixed Rate(1)\nCurrent November 27, 2023 $ 175,000 1.37%\nNovember 27, 2023 December 23, 2024 $ 175,000 3.12%\nDecember 23, 2024 January 15, 2027 $ 175,000 3.65%", "attrs": {}, "subkind": "data", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "f3b7b242-2e44-4360-8225-31240dd94245", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.05, "w": 0.601, "x": 0.076, "y": 0.04 }, "kind": "title", "text": "Debt, Capitalization, and Financial Ratios", "attrs": {}, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "5de081ac-96ae-402a-bfb7-669f6c6997cc", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [ { "name": "2x2 matrix", "slug": "matrix-2x2", "agent": null, "layer": "slide", "matchId": "dcbe15e6-d1e1-4e28-accc-24a1f5a964ca", "evidence": "chart/pie: Fixed vs. Floating Debt", "confidence": 0.7 }, { "name": "Table data", "slug": "table-data", "agent": null, "layer": "slide", "matchId": "7a93b0a0-f65a-4509-9d1c-78d7339aacd6", "evidence": "table/data: Debt Summary", "confidence": 0.9 } ], "frameworks": [], "arcBeats": [], "loops": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }