Company: FRT-PC
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0000034903-25-000063
Chunk: 91

Company: FEDERAL REALTY INVESTMENT TRUST
Filing Date: 2025-10-31
Form: 10-Q
Item: Item 2
Chunk 91
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 cross-defaulted, which means that the lenders under those debt arrangements can put us in default and require immediate repayment of their debt if we breach and fail to cure a default under certain of our other debt obligations. As a result, any default under our debt covenants could have an adverse effect on our financial condition, our results of operations, our ability to meet our obligations and the market value of our shares. Our organizational documents do not limit the level or amount of debt that we may incur. 

The following is a summary of our scheduled principal repayments as of September 30, 2025:

UnsecuredSecuredTotal (In thousands) 2025$139 $243,913 (1)$244,052 2026429,299 26,282 455,581   2027617,443 (2)178,282 795,725   20281,100,000 (3)2,511 1,102,511   2029885,000 60,434 945,434   Thereafter1,201,000 743 1,201,743   $4,232,881   $512,165 $4,745,046 (4)

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(1)On October 1, 2025, we repaid a $3.1 million mortgage loan on our Hoboken property, at par. Additionally, our $200.0 million mortgage loan secured by Bethesda Row matures on December 28, 2025, plus two one-year extensions at our option to December 28, 2027. On October 30, 2025, we refinanced our $40.0 million mortgage loan on Azalea. The new $55.0 million mortgage loan matures on October 30, 2028, plus two one-year extensions at our option to October 30, 2030.

(2)Our $1.25 billion revolving credit facility matures on April 5, 2027, plus two six-month extensions at our option to April 5, 2028. As of September 30, 2025, there was $102.4 million outstanding under this credit facility. 

(3)Our $750.0 million term loan matures on March 20, 2028, plus two one-year extensions at our option to March 20, 2030.

(4)The total debt maturities differ from the total