TSX:TNT.UN - Post by User
Comment by
EstevanOutsideron Nov 01, 2023 3:57pm
199 Views
Post# 35711999
RE:RE:RE:AFFO is more important than debt
RE:RE:RE:AFFO is more important than debtThe Declaration of Trust provides that the REIT may not incur or assume any Indebtedness if, after incurring or assuming such Indebtedness, the total Indebtedness of the REIT would be more than 75% of Gross Book Value. As at December 31, 2022, the aggregate Indebtedness was approximately $850.4 million, representing 59.3% of Gross Book Value.