Mori Hills REIT Investment Corporation
Notice Regarding Borrowing of Funds (Green Loan)
Mori Hills REIT Investment Corporation will borrow 3,750 million yen as a green loan on February 27, 2026, to refinance existing long-term borrowings.
Key Figures
- Borrowing Amount: 3,750 million yen (Green Loan)
- Long-term Borrowings (Before this transaction): 169,222 million yen
- Long-term Borrowings (After this transaction): 170,322 million yen (Increase of 1,100 million yen)
AI要約
Overview of Borrowing
Mori Hills REIT Investment Corporation decided to borrow 3,750 million yen as a green loan on February 27, 2026. The borrowed funds will be allocated to cover the reduction in cash due to the repayment of 1,100 million yen of long-term borrowings due on July 31, 2025, and to refinance 2,650 million yen of long-term borrowings due on February 27, 2026. The lender is Sumitomo Mitsui Banking Corporation, the interest rate is base rate plus 0.250%, the repayment term is until February 28, 2034, with repayment in a lump sum at maturity, unsecured and without guarantee.
Use of Funds and Borrowing Status
The procured funds of 3,750 million yen will be used to refinance existing long-term borrowings and replenish cash on hand. After this transaction, long-term borrowings will amount to 170,322 million yen, an increase of 1,100 million yen compared to before execution. Investment corporation bonds remain unchanged at 20,300 million yen. Total interest-bearing debt will be 190,622 million yen. This borrowing is a green loan based on the Green Finance Framework and will be utilized as refinancing funds for borrowings related to eligible assets such as Toranomon Hills Mori Tower.
