KDX Realty Investment Corporation
Notice Regarding Borrowing of Funds (Series 0060)
A borrowing of 10,000 hundred million yen (1,000,000 million yen) was decided as Series 0060. Lenders include multiple financial institutions such as MUFG Bank, Daiwa Next Bank, Shinkin Central Bank, Ikeda Senshu Bank, and Fukui Bank. Interest rates will be each institution's base rate plus an additional margin. Execution is scheduled for around 2026-11-02. The borrowing is scheduled to be repaid in October 2029, and it is expected to increase total interest-bearing debt as of the end of October 2026.
Key Figures
- Total Borrowing Amount: 10,000 hundred million yen
- Long-term Borrowings: 558,590 hundred million yen → 568,590 hundred million yen (+10,000 hundred million yen)
- Total Borrowings: 584,390 hundred million yen → 594,390 hundred million yen (+10,000 hundred million yen)
AI要約
Overview of Fundraising
The investment corporation has decided on a new borrowing totaling 10,000 hundred million yen. Lenders consist of multiple financial institutions including MUFG Bank, Daiwa Next Bank, Shinkin Central Bank, Ikeda Senshu Bank, and Fukui Bank, and interest rates will apply an additional margin to each institution's base rate. Execution of the borrowing is scheduled for 2026-11-02. The first interest and principal repayments for Series 0060-A will start at the end of January 2027, and for others the first repayments will start at the end of November 2026, thereafter following monthly, quarterly, or other schedules.
Use of Funds and Impact
The entire amount will be allocated in part to acquisition funds and related costs for the Prezio property portfolio to be acquired on 2026-11-02. New lenders will also be added to diversify and expand the pool of transaction financial institutions. As a result, long-term borrowings and total borrowings will increase, but the increase in total interest-bearing debt is aimed at improving financial stability and liquidity for future asset acquisitions.
KDX Realty Investment Corporation
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