COF centuria office reit

Ann: $225M Debt Refinance and Non-Core Divestment, page-2

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    'Increased interest rates remain in-line with assumptions adopted in forming FY23 earnings forecasts. COF’s all-in cost of debt is expected to remain elevated compared to recent past periods and to be higher in FY24. '

    Unless rental increases are outstripping interest rate increases net of the impact of repaying $23.0m (gross) of debt then distributions are going to fall again in FY24.
 
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