Advance Residence Investment Corporation
Notice Regarding Execution of Interest Rate Swap Agreement
As of March 24, 2026, an interest rate swap agreement was executed for long-term borrowings of 500 million yen (variable interest rate), hedging with an effective fixed interest rate of 2.62900% for 7.5 years.
Key Figures
- Long-term Borrowing Amount: 500 million yen (variable interest rate)
- Interest Rate Swap Contract Period: 7.5 years (March 24, 2026 – September 30, 2033)
- Effective Fixed Interest Rate: 2.62900%
AI要約
Overview of Interest Rate Swap Agreement Execution
Advance Residence Investment Corporation executed an interest rate swap agreement on March 24, 2026, to hedge interest rate fluctuation risks on planned long-term borrowings of 500 million yen (variable interest rate). The counterparty is Mizuho Bank, Ltd., and the contract period is 7.5 years from March 24, 2026 to September 30, 2033. The fixed interest payment rate is 2.47900%, the received interest rate is the 1-month Japanese yen TIBOR as published by the Zengin System, thereby effectively fixing the interest rate at 2.62900%.
Impact on Investors and Future Outlook
By entering into this interest rate swap agreement, the risk of rising interest rates on variable rate borrowings is mitigated, enabling stable management of financial costs. This is expected to contribute to the maintenance of stable distributions over the long term. The agreement date was March 19, 2026, and for details, investors are advised to refer to the notice titled “Notice Concerning Borrowing and Repayment of Funds” dated March 12, 2026.
Advance Residence Investment Corporation
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