Comforia Residential REIT, Inc
Notice Regarding Conclusion of Interest Rate Swap Agreement
An interest rate swap agreement was concluded to hedge interest rate fluctuation risk, fixing the interest rate at 2.24075% for a 1,500 million yen loan (4 years, floating rate) dated March 19, 2026.
Key Figures
- Long-term Borrowings: 1,500 million yen (4 years, floating interest rate)
- Fixed Payment Interest Rate on Interest Rate Swap: 2.24075%
- Fixed Interest Rate Ratio: 85.4% (as of March 30, 2026)
AI要約
Overview of the Interest Rate Swap Agreement
COMFORIA RESIDENTIAL REIT, Inc. entered into a new borrowing of 1,500 million yen dated March 19, 2026 (4-year term, floating interest rate). To hedge the interest rate fluctuation risk, the company concluded an interest rate swap agreement on March 30, 2026, with a fixed interest rate of 2.24075%. This effectively fixes the interest rate on the borrowing, enabling stable financing.
Impact on Investors and Risk Management
With the conclusion of this agreement, the fixed interest rate ratio as of March 30, 2026, stands at 85.4%, reducing floating rate interest risk. There is no change to the investment risks related to interest rate swap agreements as described in the securities report submitted on October 27, 2025. Investors should understand that this agreement contributes to securing stable earnings.
