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5 Expected cost synergies of a minimum of approximately US$25 million are expected to be achieved by the end of 2026, with 50% expected to be realized in 2025. 6 Transaction to be financed with approximately US$1,780 million New Term Loans (as defined below), expected to result in an estimated 2.2x
Subsequent to the end of the third quarter 2022, the company repaid a mortgage secured by The Shops on Lane Avenue, eliminating all debt maturities until 2025. Following the payoff of The Shops on Lane mortgage, the Company has no debt maturing until 2025. NEW YORK, Nov. Our record level signed not commenced balance, 94.0%
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