KDX Realty Investment Corporation
Notice Regarding Borrowing of Funds (Series 0042)
KDX Residential & Investment Corporation has decided on a fund borrowing of 16.5 billion yen, scheduled to be allocated to the acquisition funds for iias Takao on January 16, 2026.
Key Figures
- Total Borrowing Amount: 16.5 billion yen
- Scheduled Borrowing Execution Date: 2026-01-16
- Total Borrowings (After Execution): 553,930 million yen (Increase of 16,500 million yen)
AI要約
Overview of Fund Borrowing
KDX Residential & Investment Corporation has decided to borrow a total of 16.5 billion yen as acquisition funds and related expenses for the scheduled acquisition of iias Takao on January 16, 2026. The lenders are Mizuho Bank, Chiba Bank, and Norinchukin Bank. The borrowings are divided into multiple series and will be contracted under unsecured and unguaranteed conditions, with the contract signing date scheduled for January 14, 2026, and the borrowing execution date scheduled for January 16, 2026. Interest rates on the borrowings include a portion with a variable rate added to the base rate (Japanese Yen 1-month TIBOR by Zengin) and a portion with a fixed rate.
Financial Conditions and Risks After Borrowing Execution
After the borrowing execution, interest-bearing debt will remain unchanged for short-term borrowings at 12,500 million yen, while long-term borrowings will increase by 16,500 million yen from 524,930 million yen to 541,430 million yen, raising total borrowings from 537,430 million yen to 553,930 million yen. Investment corporation bonds remain unchanged at 28,000 million yen. Regarding risks related to borrowing and repayments, there are no significant changes to the “Investment Risks” section described in the Securities Report submitted on July 30, 2025.
