Hulic Reit, Inc.
Notice Regarding Fund Financing
Procured 21.2 billion yen of funding as part of acquisition financing for the acquired assets. Lenders are Mizuho Bank and Mitsubishi UFJ Bank, with interest added to the standard bank-lender TIBOR. Repayment terms set for 2027 to 2028. Total borrowings increase to 201,296 million yen; no collateral or guarantees. Use of funds to be applied toward acquisition funding for domestic real estate trust beneficiary interests and related costs.
Key Figures
- 212 hundred million yen: Funding amount to be raised
- 201,296 million yen: Total borrowings
- 15,800 million yen: Short-term borrowings
- 185,496 million yen: Long-term borrowings
AI要約
Section Heading
This notice informs Hulic Reit, Inc. of the decision to borrow for fundraising purposes and outlines its overview. The funding amount is 21.2 billion yen, with a mix of long-term and short-term repayment terms. Lenders are Mizuho Bank and MUFG Bank, and the interest rate applies a predetermined mark-up to the reference rate (the Zengin Bank 1-month JPY TIBOR). The procured funds will be allocated to acquisition funding for the assets to be acquired and related costs.
Section 2 Heading
Repayment terms after execution as of September 30, 2026 will be principal repayments at month-end, with the first interest payment due on October 30, 2026. Total borrowings will increase, but will be unsecured and unguaranteed, and risk information will be as described in the securities report. Future repayment risk and appropriateness of fund use are in line with existing disclosure conditions, and no additional disclosure changes are planned.
Hulic Reit, Inc.
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