Advance Residence Investment Corporation
Notice Regarding Borrowing (Interest Rate Determination) and Execution of Interest Rate Swap Agreement
Announced the determination of interest rates on fixed-rate borrowings of 1,500 million yen and the execution of an interest rate swap agreement on variable-rate borrowings of 1,550 million yen out of long-term borrowings totaling 3,050 million yen effective April 30, 2026.
Key Figures
- Long-term Borrowings: 3,050 million yen (as of 2026-04-30)
- Fixed-rate Borrowing Interest Rate: 2.45536% (SBI Shinsei Bank, Limited)
- Effective Fixed Interest Rate under Interest Rate Swap Agreement: 2.67300% (7.0 years term, Mizuho Bank, Ltd.)
AI要約
Regarding the Determination of Borrowing Interest Rate
Advance Residence Investment Corporation has determined the interest rate of 2.45536% on fixed-rate borrowings of 1,500 million yen, part of the long-term borrowings totaling 3,050 million yen scheduled for April 30, 2026. The lender is SBI Shinsei Bank, Limited, with a borrowing period of 8.5 years, principal repayment in a lump sum on maturity, unsecured and unguaranteed.
Regarding the Execution of Interest Rate Swap Agreement
To hedge the interest rate fluctuation risk on variable-rate borrowings of 1,550 million yen, an interest rate swap agreement was executed with Mizuho Bank, Ltd. on April 27, 2026. The contract term is 7.0 years, with a fixed payment interest rate of 2.51300% and a received variable interest rate based on the Japanese Yen TIBOR 1-month rate by the Zengin System, effectively fixing the rate at 2.67300%. This arrangement aims to mitigate interest rate fluctuation risk.
Advance Residence Investment Corporation
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