{
  "docId": "019de517-6e01-7228-82b3-1226269d2271",
  "docSlug": "fe9e9a2111113f7c24e0afffc4388ade",
  "documentTitle": "Netstreit | Investor Presentation Deck | 40 slides",
  "authorId": "netstreit",
  "authorName": "Netstreit",
  "documentKindSlug": "pitchdeck",
  "documentKindLabel": "Pitch deck",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2023-11-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.3333334,
  "pageNumber": 34,
  "pageCount": 40,
  "prevPage": 33,
  "nextPage": 35,
  "slideType": "other",
  "function": "analyze_data",
  "density": "overcrowded",
  "nDataPoints": 26,
  "notes": null,
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de517-6e01-7228-82b3-1226269d2271/34",
  "deckHref": "/decks/019de517-6e01-7228-82b3-1226269d2271",
  "deckJsonHref": "/decks/019de517-6e01-7228-82b3-1226269d2271.json",
  "deckAnchorHref": "/decks/019de517-6e01-7228-82b3-1226269d2271#slide-34",
  "components": [
    {
      "bbox": {
        "h": 0.305,
        "w": 0.405,
        "x": 0.56,
        "y": 0.457
      },
      "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$175 $8 $200 $250 $400\n2024 Unsecured Term Loan\n2029 Unsecured Term Loan\nRevolving Credit Facility Capacity\n2028 Unsecured Term Loan\nMortgage Note",
      "attrs": {},
      "subkind": "bar-vertical",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ba4164c0-1e72-4dbf-b59b-127b75db215d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.305,
        "w": 0.25,
        "x": 0.206,
        "y": 0.457
      },
      "kind": "chart",
      "text": "Fixed vs. Floating Debt\nFloating, 7%\nFixed, 93%",
      "attrs": {},
      "subkind": "pie",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d0c3cf65-f0ab-4659-8f31-3ce8dc335739",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.017,
        "w": 0.32,
        "x": 0.078,
        "y": 0.08
      },
      "kind": "paragraph",
      "text": "(unaudited, dollars in thousands)",
      "attrs": {},
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "509945b0-5dc0-4a11-878c-0437443ec45e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.12,
        "w": 0.838,
        "x": 0.08,
        "y": 0.806
      },
      "kind": "source-note",
      "text": "1. Rates presented exclude the impact of capitalized loan fee amortization.\n2. Interest 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\nfacility matures on August 11, 2026 and includes a one-year extension option.\n3. Interest 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\nthe fixed interest rate changes through the fully extended maturity.\n4. Interest 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.\n5. Interest 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\nand one six-month extension option.\n6. The mortgage note was assumed as part of an asset acquisition during the third quarter of 2022.",
      "attrs": {},
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "30bf07d9-2f9c-4a06-b79b-9c2d3d9a851d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.11,
        "w": 0.446,
        "x": 0.078,
        "y": 0.325
      },
      "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": "c3f9ec7a-69d4-4fa6-905e-6bf522bfd63a",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.17,
        "w": 0.79,
        "x": 0.078,
        "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": "f5c1a10a-c65f-4caf-af3a-dda3534bc22d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.601,
        "x": 0.078,
        "y": 0.04
      },
      "kind": "title",
      "text": "Debt, Capitalization, and Financial Ratios",
      "attrs": {},
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d3f3c43d-2dee-4451-96a9-d61a7876df92",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 35,
      "from": 28,
      "beatId": "7cbb3a27-ad1c-48c9-90fe-1bfd247eba24",
      "arcName": "The Sequoia Pitch",
      "arcSlug": "sequoia-pitch",
      "beatName": "Financials",
      "beatSlug": "sequoia-pitch-financials",
      "evidence": "The deck provides detailed financial information and non-GAAP reconciliations",
      "position": 3,
      "confidence": 0.8,
      "parentBeatName": "Evidence",
      "parentBeatSlug": "evidence"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}