Hoshino Resorts REIT, Inc.
Notice Regarding Borrowing of Funds (Refinancing through Green Loans, etc.) and Interest Rate Swap Transactions
Hoshino Resorts REIT, Inc. has executed a borrowing of 4,780,000,000 yen, refinancing existing borrowings and planning to raise funds including a 300 million yen Green Loan.
Key Figures
- Amount of funds to be raised: 4,780,000,000 yen (planned)
- Green Loan amount borrowed: 300 million yen (related to climate change response operations)
- Total borrowings (post-borrowing): 99,948 million yen
AI要約
Overview of Borrowing and Green Loan
Hoshino Resorts REIT, Inc. resolved to borrow 4,780,000,000 yen in response to the maturity of existing borrowings. The lenders are multiple financial institutions, of which 300 million yen is a Green Loan under the Green Finance Framework, intended to refinance borrowings associated with the acquisition of "Risonare Atami." The borrowings are unsecured and unguaranteed, with interest rates primarily variable rates based on a reference rate plus a spread, including some fixed interest rates.
Interest Rate Swap Transactions and Borrowing Status
In conjunction with the borrowings, interest rate swap transactions will be conducted to hedge interest rate rise risks, with the fixed payment interest rate to be determined on April 21, 2026. After execution of the borrowings, the total borrowings will amount to 99,948 million yen, and the balance of sustainable finance will increase to 40,030 million yen. Short-term borrowings remain unchanged at 1,000 million yen. There are no changes to risks as described in the Securities Report dated January 23, 2026.
Hoshino Resorts REIT, Inc.
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