Hulic Reit, Inc.
Notice Regarding Prepayment of Borrowings
Hulic REIT, Inc. will prepay borrowings of 6.4 billion yen on March 16, 2026, reducing interest-bearing debt by 6,400 million yen.
Key Figures
- Prepayment Amount: 6.4 billion yen (executed on March 16, 2026)
- Decrease in Long-term Borrowings: 6,400 million yen
- Decrease in Total Borrowings and Investment Corporation Bonds: 6,400 million yen
AI要約
Overview of Prepayment of Borrowings
Hulic REIT, Inc. has decided to prepay 6.4 billion yen of long-term borrowings from Mizuho Bank on March 16, 2026. The repayment funds will be covered by proceeds from asset dispositions and on-hand funds. The borrowings targeted were taken out on December 24, 2024, with a repayment due date of March 31, 2026, and represent unsecured and unguaranteed borrowings due in a lump sum at maturity. Although there will be payments required for settlement fees associated with the prepayment, the impact on the investment corporation is expected to be minimal.
Status of Borrowings and Future Outlook
As a result of this prepayment, long-term borrowings will decrease by 6,400 million yen, and total borrowings will be reduced by the same amount. The investment corporation bonds remain unchanged. Consequently, the total interest-bearing debt will become 190,496 million yen. The impact on operational results for the fiscal period ending August 2026 is expected to be minor, with no changes to operational forecasts. Furthermore, regarding risks, there are no changes to the descriptions disclosed in the securities report submitted on November 20, 2025.
