| Schedule of Senior Unsecured Credit Facilities |
The following table presents a summary of our Senior Unsecured Credit Facility (dollars in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | Senior Unsecured Credit Facility | | Interest Rate at December 31, 2025 (a) | | Maturity Date at December 31, 2025 | | Principal Outstanding Balance at
December 31, | | | | 2025 | | 2024 | Unsecured Term Loans: (b) | | | | | | | | | Unsecured Term Loan due 2029 — borrowing in euros (c) | | 2.80% | | 4/24/2029 | | $ | 587,500 | | | $ | 519,450 | | GBP Term Loan due 2028 — borrowing in British pounds sterling (d) | | 4.72% | | 2/14/2028 | | 363,569 | | | 338,290 | | | EUR Term Loan due 2028 — borrowing in euros | | EURIBOR + 0.80% | | 2/14/2028 | | 252,625 | | | 223,363 | | | | | | | | 1,203,694 | | | 1,081,103 | | | Unsecured Revolving Credit Facility: | | | | | | | | | Borrowing in U.S. dollars (e) | | SOFR + 0.735% | | 2/14/2029 | | 258,000 | | | — | | Borrowing in euros (c) | | EURIBOR + 0.735% | | 2/14/2029 | | 66,975 | | | — | | Borrowing in Canadian dollars (f) | | CORRA + 0.735% | | 2/14/2029 | | 53,316 | | | — | | | Borrowing in British pounds sterling | | SONIA + 0.735% | | 2/14/2029 | | 41,743 | | | 40,094 | | Borrowing in Japanese yen (g) | | TIBOR + 0.735% | | 2/14/2029 | | 15,383 | | | 15,354 | | | | | | | | 435,417 | | | 55,448 | | | | | | | | $ | 1,639,111 | | | $ | 1,136,551 | |
__________ (a)The applicable interest rate at December 31, 2025 was based on the credit ratings for our Senior Unsecured Notes of BBB+/Baa1, our Leverage Ratio, and the achievement of certain sustainability KPIs. (b)Balances exclude unamortized discount of $6.9 million and $5.0 million at December 31, 2025 and 2024, respectively, and unamortized deferred financing costs of $0.4 million and $0.2 million at December 31, 2025 and 2024, respectively. (c)Interest rate is subject to variable-to-fixed interest rate swaps that fix the floating rate component of the per annum interest rate at 2.00% through December 31, 2027. Upon maturity of the interest rate swaps, the Unsecured Term Loan due 2029 will be subject to a variable interest rate based on the Euro Interbank Offered Rate (EURIBOR). (d)Interest rate is subject to variable-to-fixed interest rate swaps that fix the floating rate component of the per annum interest rate at 3.92% through December 31, 2027. Upon maturity of the interest rate swaps, the GBP Term Loan due 2028 will be subject to a variable interest rate based on the Sterling Overnight Index Average (SONIA). (e)SOFR means Secured Overnight Financing Rate. (f)CORRA means Canadian Overnight Repo Rate Average. (g)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 December 31, 2025 (currency in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Principal Amount | | Coupon Rate | | Maturity Date | | Principal Outstanding Balance at December 31, | | Senior Unsecured Notes, net | | Issue Date | | | | | 2025 | | 2024 | 4.000% Senior Notes due 2025 (a) | | 1/26/2015 | | $ | 450,000 | | | 4.000 | % | | 2/1/2025 | | $ | — | | | $ | 450,000 | | 2.250% Senior Notes due 2026 | | 10/9/2018 | | € | 500,000 | | | 2.250 | % | | 4/9/2026 | | 587,500 | | | 519,450 | | 4.250% Senior Notes due 2026 | | 9/12/2016 | | $ | 350,000 | | | 4.250 | % | | 10/1/2026 | | 350,000 | | | 350,000 | | 2.125% Senior Notes due 2027 | | 3/6/2018 | | € | 500,000 | | | 2.125 | % | | 4/15/2027 | | 587,500 | | | 519,450 | | 1.350% Senior Notes due 2028 | | 9/19/2019 | | € | 500,000 | | | 1.350 | % | | 4/15/2028 | | 587,500 | | | 519,450 | | 3.850% Senior Notes due 2029 | | 6/14/2019 | | $ | 325,000 | | | 3.850 | % | | 7/15/2029 | | 325,000 | | | 325,000 | | 3.410% Senior Notes due 2029 | | 9/28/2022 | | € | 150,000 | | | 3.410 | % | | 9/28/2029 | | 176,250 | | | 155,835 | | 0.950% Senior Notes due 2030 | | 3/8/2021 | | € | 525,000 | | | 0.950 | % | | 6/1/2030 | | 616,875 | | | 545,422 | | 4.650% Senior Notes due 2030 | | 7/10/2025 | | $ | 400,000 | | | 4.650 | % | | 7/15/2030 | | 400,000 | | | — | | 2.400% Senior Notes due 2031 | | 10/14/2020 | | $ | 500,000 | | | 2.400 | % | | 2/1/2031 | | 500,000 | | | 500,000 | | 2.450% Senior Notes due 2032 | | 10/15/2021 | | $ | 350,000 | | | 2.450 | % | | 2/1/2032 | | 350,000 | | | 350,000 | | 4.250% Senior Notes due 2032 | | 5/16/2024 | | € | 650,000 | | | 4.250 | % | | 7/23/2032 | | 763,750 | | | 675,285 | | 3.700% Senior Notes due 2032 | | 9/28/2022 | | € | 200,000 | | | 3.700 | % | | 9/28/2032 | | 235,000 | | | 207,780 | | 2.250% Senior Notes due 2033 | | 2/25/2021 | | $ | 425,000 | | | 2.250 | % | | 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 | | | 400,000 | | 3.700% Senior Notes due 2034 | | 11/19/2024 | | € | 600,000 | | | 3.700 | % | | 11/19/2034 | | 705,000 | | | 623,340 | | | Total principal outstanding | | | | | | | | | | $ | 7,009,375 | | | $ | 6,566,012 | | | Unamortized discount | | | | | | | | | | (29,819) | | | (29,934) | | | Unamortized deferred financing costs | | | | | | | | (29,295) | | | (30,171) | | | Total | | | | | | | | | | $ | 6,950,261 | | | $ | 6,505,907 | |
__________ (a)In February 2025, we repaid our $450 million of 4.000% Senior Notes due 2025 at maturity.
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| Scheduled Debt Principal Payments |
Scheduled debt principal payments as of December 31, 2025 are as follows (in thousands): | | | | | | | | | | Years Ending December 31, | | Total | | 2026 | | $ | 979,753 | | | 2027 | | 597,920 | | | 2028 | | 1,279,593 | | | 2029 | | 1,535,867 | | | 2030 | | 1,017,519 | | | Thereafter through 2034 | | 3,381,294 | | | Total principal payments | | 8,791,946 | | | Unamortized discount, net | | (39,189) | | | Unamortized deferred financing costs | | (30,067) | | | Total | | $ | 8,722,690 | |
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