Fukuoka REIT Corporation
Notice Regarding Borrowing of Funds
The Trust executed short-term borrowings exceeding a total of approximately 1.4 billion yen to fund renovations for Canal City and Fukuoka Washington Hotel, etc. An additional borrowing of approximately 600 million yen was made, with a repayment deadline set at the end of October. Repayment is in a single lump sum. Unsecured and without guarantors.
Key Figures
- Total borrowings: 94,750 million yen
- Total interest-bearing debt: 97,750 million yen
- Repayment date: December 21, 2026
AI要約
Key Points of Fundraising
To cover capital expenditures aimed at maintaining and enhancing asset value, including renovations of Canal City and Fukuoka Washington Hotel, borrowings were executed from multiple financial institutions, including short-term borrowings of approximately 10 billion yen. An additional short-term borrowing of 1,400 million yen was recorded, while long-term borrowings remain at 93,350 million yen. Total interest-bearing debt stands at 97,750 million yen, with repayment scheduled as a single lump-sum payment on December 21, 2026. No collateral or guarantees.
Future Impact and Risks
The borrowings are intended to fund capital expenditures for maintaining and enhancing asset value, and there is no material change to the investment risk disclosures in the Securities Report submitted in May 2026. Movements in market interest rates and changes in financing conditions may affect the burden of interest-bearing debt.
Fukuoka REIT Corporation
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