MORI TRUST REIT, Inc.
Notice Regarding Funds Borrowing (Including Green Loans)
Issued new borrowings totaling 15.5 billion yen to fund repayments of existing borrowings. Includes short-term 9.0 billion yen and long-term 6.5 billion yen, with interest largely variable based on Japanese TIBOR, and some fixed-rate elements for the long term. Repayment due by August 31, 2027.
Key Figures
- Total amount of new borrowings: 15,500 million yen
- Short-term borrowings: 9,000 million yen
- Long-term borrowings: 6,500 million yen
AI要約
Overview
This investment corporation will undertake financing, including green loans under a Green Finance Framework, to fund the repayment of existing borrowings due on August 31, 2026. Borrowers are multiple financial institutions, with a total of 15,500 million yen. Short-term borrowings of 9,000 million yen and long-term borrowings of 6,500 million yen, with a planned diversified repayment schedule. Interest is predominantly variable based on the Sumitomo Shinpan BankJapan Yen TIBOR, with some fixed-rate components in the long term.
Financial impact and outlook
The new borrowings will be used to repay existing borrowings, and the repayment risk aligns with the 'Investment Risk' disclosures in the securities report submitted on May 28, 2026. This is a green loan under the Green Finance Framework, aiming to stabilize capital structure and balance the repayment schedule. Future fund usage may include acquisition funds related to hotels and portions for debt repayment.
MORI TRUST REIT, Inc.
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