NIPPON REIT Investment Corporation
Notice Regarding Execution of Interest Rate Swap Agreement
Japan REIT Investment Corporation has entered into an interest rate swap agreement at a fixed payment rate of 2.1256% to fix interest payments on borrowings of 3,210 million yen. As a result, the effective funding cost has been fixed at 2.4556%.
Key Figures
- Notional Principal: 3,210 million yen (corresponding to borrowing number 105)
- Fixed Payment Interest Rate: 2.1256%
- Effective Funding Interest Rate: 2.4556% (post interest rate swap agreement)
AI要約
Overview of the Interest Rate Swap Agreement
Japan REIT Investment Corporation has executed an interest rate swap agreement on part of its borrowings amounting to 3,210 million yen, announced on February 18, 2026, to hedge interest rate fluctuation risks. The counterparty is Nomura Securities Co., Ltd., with a fixed payment interest rate of 2.1256% and a floating receipt interest rate linked to the Zengin Association 6-month Japanese Yen TIBOR. The contract period is from March 6, 2026, to April 21, 2031. Consequently, the funding cost for borrowing number 105 is effectively fixed at 2.4556%.
Future Outlook and Risk Information
The impact of entering into this interest rate swap agreement is minimal, and there are no changes to the operational outlook for the periods ending June 2026 and December 2026 as disclosed in the financial summary for the fiscal year ending December 2025, dated February 18, 2026. Furthermore, there are no significant changes to the investment risk disclosures related to this agreement contained in the securities registration statement submitted on February 18, 2026.
Japan REIT Investment Corporation
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