CRE Logistics REIT, Inc.
Notice Regarding the Conclusion of Interest Rate Swap Agreement
To fix the variable interest rate on the long-term loan of 3.4 billion yen scheduled for January 30, 2026, an interest rate swap agreement was concluded with Mizuho Bank, Ltd., fixing the effective interest rate at 2.360%.
Key Figures
- Long-term Loan Amount: 3,400 million yen (Scheduled amount of variable interest loan)
- Fixed Payment Interest Rate: 1.935% (Fixed payment interest rate under the interest rate swap agreement)
- Effective Fixed Interest Rate: 2.360% (Effective interest rate fixed by the interest rate swap agreement)
AI要約
Overview of Interest Rate Swap Agreement
CRE Logistics Fund Inc. has entered into an interest rate swap agreement with Mizuho Bank, Ltd. to hedge the interest rate fluctuation risk by fixing the future interest payments on a variable-rate long-term loan of 3.4 billion yen scheduled for January 30, 2026. The contract period is from January 30, 2026, to January 31, 2031. The fixed payment interest rate is 1.935%, and the variable received interest rate is the 6-month Japanese Yen TIBOR published by the Japanese Bankers Association. As a result, the effective borrowing rate is fixed at 2.360%.
Outlook
The impact of this interest rate swap agreement is minimal, and there is no change to the operating outlook for the fiscal periods ending December 2025 and June 2026 announced in the financial summary dated August 18, 2025. For detailed borrowing information, please refer to the notice titled 'Notification Regarding Borrowing of Funds (Refinancing and Borrowing under Green Loan)' dated December 24, 2025.
