Advance Residence Investment Corporation
Notice Regarding Renewal of Commitment Line Agreement
Advance Residence Investment Corporation has extended the borrowing availability period of its commitment line agreement from April 30, 2028, to April 30, 2029, with a borrowing limit of 20 billion yen.
Key Figures
- Borrowing Limit: 20,000,000,000 yen
- Contract Renewal Date: 2026-04-30
- Borrowing Availability Period (Post-Renewal): From 2015-05-01 to 2029-04-30
AI要約
Overview of Commitment Line Agreement Renewal
Advance Residence Investment Corporation has decided to extend the borrowing availability period of its commitment line agreement to secure flexible and stable funding sources. The lenders are Mitsubishi UFJ Bank, Ltd., Sumitomo Mitsui Trust Bank, Limited, and Mizuho Bank, Ltd., with a borrowing limit of 20 billion yen. The contract renewal date is April 30, 2026, and the borrowing availability period has been extended from the original April 30, 2028, to April 30, 2029. The loan is unsecured and unguaranteed.
Use of Funds and Future Outlook
The funds will be used for the acquisition of real estate and trust beneficiary rights (including incidental expenses) as well as repayment of existing borrowings. There are no significant changes to the investment risks described in the securities report submitted on October 24, 2025, related to this renewal. This change will not affect the operational forecasts disclosed in the financial summary dated March 17, 2026.
Advance Residence Investment Corporation
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