![]() ![]() economy as well as economic uncertainty financing risks, including the availability of, and costs associated with, sources of liquidity the Company’s ability to refinance, or extend the maturity dates of, the Company’s indebtedness the level and volatility of interest rates the financial stability of tenants, including their ability to pay rent and the risk of tenant insolvency and bankruptcy the competitive environment in which the Company operates acquisition, disposition, development and joint venture risks property ownership and management risks the Company’s ability to maintain the Company’s status as a real estate investment trust for U.S. Moreover, investors are cautioned to interpret many of the risks identified under the section titled Risk Factors in the Company’s Annual Report on Form 10-K for the fiscal year ended Decemas being heightened as a result of the ongoing and numerous adverse impacts of the COVID-19 pandemic.Īdditional risks, uncertainties and other factors that might cause such differences, some of which could be material, include but are not limited to: national and local economic, business, real estate and other market conditions, particularly in connection with low or negative growth in the U.S. The extent to which the COVID-19 pandemic impacts the Company and its tenants will depend on future developments, which are highly uncertain and cannot be predicted with confidence, including the scope, severity and duration of the pandemic, the actions taken to contain the pandemic or mitigate its impact, and the direct and indirect economic effects of the pandemic and containment measure, and possible short-term and long-term effects of the pandemic on consumer behavior, among others. The effects of COVID-19 have caused many of the Company’s tenants to close stores, reduce hours or significantly limit service, making it difficult for them to meet their obligations, and therefore will significantly impact the Company for the foreseeable future. Currently, one of the most significant factors that could cause actual outcomes to differ materially from the forward-looking statements is the potential adverse effect of the current pandemic of the novel coronavirus, or COVID-19, on the financial condition, result of operations, cash flows and performance of the Company and its tenants, the real estate market and the global economy and financial markets.
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