| Schedule of Senior Unsecured Credit Facility |
The following table presents a summary of our Senior Unsecured Credit Facility (dollars in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | Senior Unsecured Credit Facility | | Interest Rate at June 30, 2024 (a) | | Maturity Date at June 30, 2024 | | Principal Outstanding Balance at | | | | June 30, 2024 | | December 31, 2023 | Unsecured Term Loans: (b) | | | | | | | | | Unsecured Term Loan due 2026 — borrowing in euros (c) | | 4.34% | | 4/24/2026 | | $ | 535,250 | | | $ | 552,500 | | GBP Term Loan due 2028 — borrowing in British pounds sterling (d) | | SONIA + 0.85% | | 2/14/2028 | | 341,495 | | | 343,306 | | EUR Term Loan due 2028 — borrowing in euros (e) | | EURIBOR + 0.85% | | 2/14/2028 | | 230,158 | | | 237,575 | | | | | | | | 1,106,903 | | | 1,133,381 | | Unsecured Revolving Credit Facility: | | | | | | | | | Borrowing in Japanese yen (f) | | TIBOR + 0.775% | | 2/14/2029 | | 15,005 | | | 17,035 | | | Borrowing in euros | | N/A | | 2/14/2029 | | — | | | 386,750 | | | | | | | | 15,005 | | | 403,785 | |
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| | $ | 1,121,908 | | | $ | 1,537,166 | |
__________ (a)The applicable interest rate at June 30, 2024 was based on the credit ratings for our Senior Unsecured Notes of BBB+/Baa1. (b)Balance excludes unamortized discount of $6.2 million and $7.4 million at June 30, 2024 and December 31, 2023, respectively, and unamortized deferred financing costs of $0.3 million and $0.4 million at June 30, 2024 and December 31, 2023, respectively. (c)Interest rate is subject to variable-to-fixed interest rate swaps that fix the total per annum interest rate at 4.34% through December 31, 2024. Upon maturity of the interest rate swaps, the Unsecured Term Loan due 2026 will be subject to a variable interest rate of EURIBOR + 0.85%. (d)SONIA means Sterling Overnight Index Average. (e)EURIBOR means Euro Interbank Offered Rate. (f)TIBOR means Tokyo Interbank Offered Rate.
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| Schedule of Senior Unsecured Notes |
The following table presents a summary of our Senior Unsecured Notes outstanding at June 30, 2024 (currency in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Principal Amount | | Coupon Rate | | Maturity Date | | Principal Outstanding Balance at | Senior Unsecured Notes, net (a) | | Issue Date | | | | | June 30, 2024 | | December 31, 2023 | 4.6% Senior Notes due 2024 (b) | | 3/14/2014 | | $ | 500,000 | | | 4.6 | % | | 4/1/2024 | | $ | — | | | $ | 500,000 | | 2.25% Senior Notes due 2024 (c) | | 1/19/2017 | | € | 500,000 | | | 2.25 | % | | 7/19/2024 | | 535,250 | | | 552,500 | | 4.0% Senior Notes due 2025 | | 1/26/2015 | | $ | 450,000 | | | 4.0 | % | | 2/1/2025 | | 450,000 | | | 450,000 | | 2.25% Senior Notes due 2026 | | 10/9/2018 | | € | 500,000 | | | 2.25 | % | | 4/9/2026 | | 535,250 | | | 552,500 | | 4.25% Senior Notes due 2026 | | 9/12/2016 | | $ | 350,000 | | | 4.25 | % | | 10/1/2026 | | 350,000 | | | 350,000 | | 2.125% Senior Notes due 2027 | | 3/6/2018 | | € | 500,000 | | | 2.125 | % | | 4/15/2027 | | 535,250 | | | 552,500 | | 1.35% Senior Notes due 2028 | | 9/19/2019 | | € | 500,000 | | | 1.35 | % | | 4/15/2028 | | 535,250 | | | 552,500 | | 3.85% Senior Notes due 2029 | | 6/14/2019 | | $ | 325,000 | | | 3.85 | % | | 7/15/2029 | | 325,000 | | | 325,000 | | 3.41% Senior Notes due 2029 | | 9/28/2022 | | € | 150,000 | | | 3.41 | % | | 9/28/2029 | | 160,575 | | | 165,750 | | 0.95% Senior Notes due 2030 | | 3/8/2021 | | € | 525,000 | | | 0.95 | % | | 6/1/2030 | | 562,013 | | | 580,125 | | 2.4% Senior Notes due 2031 | | 10/14/2020 | | $ | 500,000 | | | 2.4 | % | | 2/1/2031 | | 500,000 | | | 500,000 | | 2.45% Senior Notes due 2032 | | 10/15/2021 | | $ | 350,000 | | | 2.45 | % | | 2/1/2032 | | 350,000 | | | 350,000 | | 4.25% Senior Notes due 2032 | | 5/16/2024 | | € | 650,000 | | | 4.25 | % | | 7/23/2032 | | 695,825 | | | — | | 3.7% Senior Notes due 2032 | | 9/28/2022 | | € | 200,000 | | | 3.7 | % | | 9/28/2032 | | 214,100 | | | 221,000 | | 2.25% Senior Notes due 2033 | | 2/25/2021 | | $ | 425,000 | | | 2.25 | % | | 4/1/2033 | | 425,000 | | | 425,000 | | 5.375% Senior Notes due 2034 | | 6/28/2024 | | $ | 400,000 | | | 5.375 | % | | 6/30/2034 | | 400,000 | | | — | | | | | | | | | | | | $ | 6,573,513 | | | $ | 6,076,875 | |
__________ (a)Aggregate balance excludes unamortized deferred financing costs totaling $28.0 million and $21.1 million, and unamortized discount totaling $25.6 million and $20.1 million, at June 30, 2024 and December 31, 2023, respectively. (b)In April 2024, we repaid our $500 million of 4.6% Senior Notes due 2024 at maturity. (c)In July 2024, we repaid our €500 million of 2.25% Senior Notes due 2024 at maturity (Note 15).
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| Scheduled Debt Principal Payments |
Scheduled debt principal payments as of June 30, 2024 are as follows (in thousands): | | | | | | | | | | Years Ending December 31, | | Total | 2024 (remainder) (a) | | $ | 602,952 | | | 2025 | | 707,294 | | | 2026 | | 1,510,520 | | | 2027 | | 537,595 | | | 2028 | | 1,156,892 | | | Thereafter through 2034 | | 3,651,313 | | | Total principal payments | | 8,166,566 | | | Unamortized discount, net | | (35,570) | | | Unamortized deferred financing costs | | (28,548) | | | Total | | $ | 8,102,448 | |
__________ (a)In July 2024, we repaid our €500 million of 2.25% Senior Notes due 2024 at maturity (Note 15).
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