Company: FRT-PC
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0000034903-25-000063
Chunk: 88

Company: FEDERAL REALTY INVESTMENT TRUST
Filing Date: 2025-10-31
Form: 10-Q
Item: Item 2
Chunk 88
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 net proceeds from our unsecured term loan in 2025,

•$102.4 million in borrowings on our revolving credit facility during the nine months ended September 30, 2025, and

•a $19.4 million premium paid for the capped call transactions entered into in connection with the issuance of $485.0 million 3.25% exchangeable senior notes in January 2024,

partially offset by

•$471.5 million in net proceeds from the issuance of $485.0 million 3.25% exchangeable senior notes in January 2024,

•a $167.9 million decrease in net proceeds from the issuance of common shares under our ATM program, and

•a $12.4 million increase in dividends paid to common and preferred shareholders due to an increase in the number of outstanding shares, as well as an increase to the common share dividend rate.

33

Table of Contents

Debt Financing Arrangements

The following is a summary of our total debt outstanding as of September 30, 2025:

Description of DebtOriginalDebtIssuedPrincipal Balance as of September 30, 2025Stated Interest Rate as ofSeptember 30, 2025Maturity Date (Dollars in thousands)  Mortgages payableSecured fixed rateAzalea (1)Acquired$40,000 3.73 %November 1, 2025Bethesda Row (2)200,000200,000 SOFR + 0.95%December 28, 2025Bell GardensAcquired10,969 4.06 %August 1, 2026Plaza El Segundo125,000125,000 3.83 %June 5, 2027The Grove at Shrewsbury (East)43,60043,600 3.77 %September 1, 2027Brook 3511,50011,500 4.65 %July 1, 2029Hoboken (24 Buildings) (3)56,45050,957 SOFR + 1.95%December 15, 2029Various Hoboken (13 Buildings) (4)Acquired26,927 VariousVarious through 2029ChelseaAcquired3,212 5.36 %January 15, 2031Subtotal512,165 Net unamortized debt issuance costs and discount