Invincible Investment Corporation
Notice Regarding Fund Borrowing (Refinancing via Green Loan) and Interest Rate Swap
Invincible Investment Corporation will refinance with a 10,505 million yen green loan, scheduled to be drawn on March 16, 2026. An interest rate swap agreement was also concluded to hedge interest rate fluctuation risks.
Key Figures
- Borrowed Amount: 10,505 million yen (refinancing via green loan)
- Scheduled Borrowing Execution Date: 2026-03-16
- Borrowing Period: 3 to 4 years (repayment due on March 14, 2029, or March 14, 2030)
AI要約
Overview of Fund Borrowing
Invincible Investment Corporation will execute a new borrowing of 10,505 million yen as repayment funds for existing borrowings of the same amount. The loan is a green loan based on the Green Finance Framework, and will be used to refinance the acquisition funds of Hotel Epinar Nasu. The lenders are multiple banks, with a term of 3 to 4 years, and the interest rate is a variable rate based on the Zengin Association 1-month JPY TIBOR plus a spread; however, part of it is fixed through an interest rate swap agreement.
Interest Rate Swap Agreement and Future Outlook
To hedge interest rate fluctuation risks, an interest rate swap agreement corresponding to a 5,250 million yen borrowing was concluded, effectively fixing the interest rate at approximately 2.1526%. The impact of the borrowing on operational status is considered minor. The repayment of the loan is scheduled as a lump sum on March 14, 2029, or March 14, 2030.
