Hoshino Resorts REIT, Inc.
Notice Regarding Issuance of Investment Corporation Bonds and Early Repayment of Borrowings
Hoshino Resorts REIT, Inc. will issue the 5th series unsecured investment corporation bonds worth 1.3 billion yen and plans to conduct early repayment of short-term borrowings totaling 1.3 billion yen on March 6, 2026.
Key Figures
- Total Amount of Investment Corporation Bonds Issued: 1.3 billion yen
- Total Amount of Early Repayment of Borrowings: 1.3 billion yen
- Borrowings Balance (After Early Repayment): 99,955 million yen
AI要約
Summary of Investment Corporation Bond Issuance
Hoshino Resorts REIT, Inc. is issuing the 5th series unsecured investment corporation bonds worth 1.3 billion yen with an interest rate of 2.515% per annum, maturing on February 25, 2033. The funds raised will mainly be allocated to early repayment of existing short-term borrowings, aiming to extend and diversify the financial base. The bonds are unsecured and unguaranteed, with an acquisition rating of A+ by Japan Credit Rating Agency.
Early Repayment of Borrowings and Changes in Financial Position
On March 6, 2026, early repayment of short-term borrowings totaling 1.3 billion yen will be conducted. This includes 300 million yen originally due on April 30 and part of 1 billion yen from the 2 billion yen due on October 30. Through the early repayment, the balance of short-term borrowings will decrease from 2.3 billion yen to 1 billion yen, while the balance of investment corporation bonds will increase from 3.8 billion yen to 5.1 billion yen. The total amount of borrowings and investment corporation bonds remains unchanged at 10,505.5 million yen.
