Nippon Building Fund Inc.
Notice on Funds Borrowing
Proceeding with a long-term loan of 3.0 billion yen unsecured and unguaranteed, interest rate 1.846%, to be executed on September 11, with repayment starting September 2036. The funds will be used for refinancing maturing long-term debt in September 2026, and overall borrowings show a slight increase due to long-term borrowings.
Key Figures
- Long-term borrowings (variable rate): 148,100 million yen (increase of 3,000)
- Long-term borrowings (fixed rate): 465,900 million yen (decrease of 3,000)
- Total: 635,000 million yen (no change)
AI要約
Section Heading
This notice informs that Nippon Building Fund Investment Corporation will execute a long-term loan. The lender is Sumitomo Mitsui Trust Bank, Limited; the loan amount is 3.0 billion yen; variable rate of 1.846%; repayment date is September 11, 2036; unsecured and unguaranteed. The funds will be used to secure refinancing funds for maturing long-term debt in September 2026, and the post-execution total borrowings are shown as 635,000 hundred million yen, including increases or decreases in long-term borrowings.
Outlook / Implications
Repayment is on a single lump-sum maturity; interest rate is disclosed on a base of (Zengin Bankers Association TIBOR 3-month) plus 0.25%, and the refinancing aims to stabilize cash flow. Risks include market interest rate fluctuations and cash flow impact according to the repayment schedule, but there is no change in the risk disclosure in the annual securities report.
Nippon Build Fund Investment Corporation
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