Nippon Building Fund Inc.
Notice Regarding Borrowing of Funds
Japan Real Estate Investment Corporation executed a total of 10 billion yen in long-term borrowings to refinance borrowings maturing in February 2026.
Key Figures
- Total Borrowed Amount: 10 billion yen
- Borrowing Interest Rate: 0.957%–1.265%
- Repayment Deadline: March 2, 2027 – February 27, 2036
AI要約
Overview of Long-term Borrowings
Japan Real Estate Investment Corporation decided on a total long-term borrowing of 10 billion yen on February 25, 2026. The lenders are Mizuho Trust & Banking Co., Ltd. and MUFG Bank, Ltd., with interest rates ranging from 0.957% to 1.265%. The borrowed funds will be used to refinance long-term borrowings maturing in February 2026, with the repayment deadline extended as far as February 27, 2036. The borrowing is unsecured and unguaranteed, with a lump-sum repayment at maturity.
Post-Borrowing Financial Position and Risks
After this borrowing execution, the balance of variable interest rate long-term borrowings increases by 7 billion yen, while fixed interest rate long-term borrowings decrease by 7 billion yen, leaving total borrowings unchanged at 625 billion yen. The balances of short-term borrowings and investment corporation bonds remain unchanged. Regarding risks associated with the borrowings, there are no changes to the “Investment Risks” section in the securities report submitted on September 29, 2025.
