ORIX JREIT Inc.
Notice Concerning Borrowing of Funds
ORIX JREIT Inc. will conduct a total variable-rate borrowing of 5,000 million yen on April 28, 2026, and allocate the funds for acquisition purposes.
Key Figures
- Borrowing Amount: 5,000 million yen (executed on April 28, 2026)
- Short-term Borrowings: 20,500 million yen (from 15,500 million yen before borrowing, +5,000 million yen)
- LTV (Total Asset Base): 47.6% (from 47.2% before borrowing, +0.4%)
AI要約
Overview of Borrowing
ORIX JREIT Inc. will carry out a total variable-rate borrowing of 5,000 million yen as of April 28, 2026, from Sumitomo Mitsui Trust Bank, Limited and The Bank of Tokyo-Mitsubishi UFJ, Ltd. The borrowing interest rate is set at the Zengin TIBOR plus 0.15%, with a repayment due date on March 23, 2027. This is an unsecured and unguaranteed loan to be repaid in a lump sum on the due date.
Use of Funds and Impact on Financial Position
The borrowed funds will be allocated for the acquisition of Bayside Park OSAKA South Residences and North Residences. After execution of this borrowing, short-term borrowings will amount to 20,500 million yen, total interest-bearing debt will increase to 358,697 million yen, and the LTV will rise by 0.4 points to 47.6%. There is no change in investment risk associated with this borrowing.
ORIX JREIT Inc.
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