Advance Residence Investment Corporation
Notice Regarding the Conclusion of Interest Rate Swap Agreement
On January 26, 2026, Advance Residence Investment Corporation concluded an interest rate swap agreement on long-term borrowings of 2,000 million yen to hedge interest rate fluctuation risk.
Key Figures
- Total long-term borrowings: 2,000 million yen (subject to variable interest rate hedge)
- Contract Start Date: 2026-01-28
- Fixed Interest Rates Paid: 1.90500%, 2.03000%
AI要約
Overview of Interest Rate Swap Agreement
Advance Residence Investment Corporation decided to conclude an interest rate swap agreement to hedge interest rate fluctuation risk on variable-rate long-term borrowings totaling 2,000 million yen, borrowed on September 30, 2025 and November 13, 2025. The contract commences from January 28, 2026, with durations of 4.7 years and 5.8 years, and fixed interest rates payable of 1.90500% and 2.03000%, respectively. This effectively fixes the interest rate.
Significance of the Agreement and Future Outlook
This agreement is expected to suppress the risk of interest rate increases due to variable rates and stabilize the financial position. The contracting party is Sumitomo Mitsui Trust Bank, Limited. This will likely strengthen the financial base less susceptible to future interest rate fluctuations. The contract signing date is January 26, 2026.
