Japan Hotel REIT Investment Corporation
Notice Regarding Conclusion of Interest Rate Swap Agreement
Japan Hotel REIT Investment Corporation has entered into an interest rate swap agreement for a term loan of 2,500 million yen with a fixed payment interest rate of 2.06820% from January 30, 2026, to September 30, 2031, raising the fixed interest ratio to approximately 81%.
Key Figures
- Notional Principal: 2,500 million yen (Interest rate swap agreement related to Term Loan 126)
- Fixed Payment Interest Rate: 2.06820% (Effectively fixes the borrowing interest rate at 2.51820%)
- Contract Period: 2026-01-30 to 2031-09-30 (Approximately 5 years and 8 months)
AI要約
Overview of the Interest Rate Swap Agreement
Japan Hotel REIT Investment Corporation has concluded an interest rate swap agreement with Daiwa Securities Co. Ltd. targeting 2,500 million yen related to borrowings announced on January 22, 2026. The contract period is from January 30, 2026, to September 30, 2031, with a fixed payment interest rate of 2.06820% and a floating receipt rate based on the Japanese Bankers Association 1-month JPY TIBOR. Through this agreement, the borrowing interest rate for Term Loan 126 is effectively fixed at 2.51820%.
Risks and Future Outlook
Regarding risks related to this borrowing, there have been no significant changes to the investment risks described in the securities report submitted on March 24, 2025, and the semi-annual report submitted on September 22, 2025. The conclusion of the interest rate swap agreement results in a fixed interest ratio of approximately 81% of total interest-bearing debt, which is expected to reduce interest rate fluctuation risk.
