GMG 0.78% $34.75 goodman group

permitted tlr?

  1. 81 Posts.
    GMG's current Total Leverage Ratio (TLR) is 53%.

    It is really more like 60% if you update all their property valuations to today's date. (given prime industrial yields are really 8.0-8.5% and no longer 7.5%)

    What TLR does the lending covenant permit?

 
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