Plymouth Industrial REIT, Inc. Schedule 13D Filing

The Schedule 13D filing by TSSP Sub-Fund HoldCo, LLC and Alan Waxman relates to their investment in Plymouth Industrial REIT, Inc. The filing discloses the acquisition of Series C Cumulative Perpetual Preferred Units and warrants to purchase common partnership units (OP Units) in the company's subsidiary, Plymouth Industrial OP, LP. The total investment amounts to $140 million. The filing also includes a non-binding proposal by Sixth Street Partners, LLC, an affiliate of the reporting persons, to acquire 100% of Plymouth Industrial REIT's outstanding common stock and common equity interests of its operating partnership for $24.10 per share. The proposal is subject to negotiation and customary closing conditions. The reporting persons reserve the right to change their investment plans based on various factors, including market conditions and the company's financial performance.