GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » SITE Centers Corp (NYSE:SITCpK.PFD) » Definitions » Variable Rate Debt (USD Mil)

SITE Centers (SITE Centers) Variable Rate Debt (USD Mil) : 0.00 (As of . 20)


View and export this data going back to 2013. Start your Free Trial

What is SITE Centers Variable Rate Debt (USD Mil)?

In the railway industry, Variable Rate Debt (USD Mil) is a debt with an interest rate that fluctuates over time. It primarily consists of debt securities with nominal long-term maturities in which the interest rate is reset by a remarketing agent on a periodic basis.

The historical rank and industry rank for SITE Centers's Variable Rate Debt (USD Mil) or its related term are showing as below:


SITE Centers Variable Rate Debt (USD Mil) Historical Data

The historical data trend for SITE Centers's Variable Rate Debt (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

SITE Centers Variable Rate Debt (USD Mil) Chart



SITE Centers  (NYSE:SITCpK.PFD) Variable Rate Debt (USD Mil) Explanation

Variable Rate Debt (USD Mil) is a debt with an interest rate that fluctuates over time. It primarily consists of debt securities with nominal long-term maturities in which the interest rate is reset by a remarketing agent on a periodic basis.

The variable interest rate fluctuates over time because it is based on an underlying benchmark interest rate or index that changes periodically with the market. So, variable interest debt is not as good as fixed-rate debt because the company cannot benefit from inflation. But in some conditions, a company might experience lower borrowing costs or reduce the impact of volatile investment earnings by issuing variable rate securities.


SITE Centers Variable Rate Debt (USD Mil) Related Terms

Thank you for viewing the detailed overview of SITE Centers's Variable Rate Debt (USD Mil) provided by GuruFocus.com. Please click on the following links to see related term pages.


SITE Centers (SITE Centers) Business Description

Traded in Other Exchanges
Address
3300 Enterprise Parkway, Beachwood, OH, USA, 44122
SITE Centers Corp is a United States-based self-administered and self-managed REIT that operates as a fully integrated real estate company. The company is the owner and manager of open-air shopping centers that provide a compelling shopping experience and merchandise mix for retail partners and consumers.