Select Income REIT, founded in 2012 and headquartered in Newton, Massachusetts, operates as a real estate investment trust focused on owning and managing a diversified portfolio of single-tenant net lease properties. The company’s primary goal is to provide attractive risk-adjusted returns to shareholders through its investments in high-quality commercial real estate assets located primarily in the United States.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| SIR 4.50% 2025-02-01 USDSelect Income REIT | United States | 2025-02-01 | 4.500 | 16.10 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Select Income REIT has been an active issuer of bonds, with its first bond issuance occurring shortly after its founding, establishing a strong presence in the debt market. The REIT issued its inaugural $200 million senior unsecured notes in 2013, which served to finance its property acquisitions and bolster its capital structure. Notably, Select Income REIT's bonds have generally offered yields competitive with industry peers, reflecting its strategic focus on maintaining a solid credit profile. The company also made headlines with its significant $400 million bond issuance in 2022, showcasing its ability to capitalize on favorable market conditions, while offering investors attractive fixed-income options amid a fluctuating interest rate environment.