Nippon Building Fund Inc.
Notice Regarding Fund Borrowing
Japan Real Estate Investment Corporation will execute a long-term unsecured and unguaranteed loan of 5.4 billion yen at an annual interest rate of 0.956% from MUFG Bank, Ltd. on January 27, 2026, with a lump-sum repayment scheduled for January 28, 2027.
Key Figures
- Long-term Borrowing Amount: 5.4 billion yen (Borrowing from MUFG Bank, Ltd.)
- Borrowing Interest Rate: 0.956% (Reference Rate + 0.1%)
- Repayment Date: 2027-01-28 (Lump-sum repayment)
AI要約
Overview of Borrowing
Japan Real Estate Investment Corporation decided on January 23, 2026, to secure a long-term loan of 5.4 billion yen from MUFG Bank, Ltd. The interest rate is 0.956%, a variable rate based on the reference rate (Zengin Association 1-month JPY TIBOR) plus 0.1%. The loan is unsecured and unguaranteed, with repayment scheduled as a lump sum on January 28, 2027. The borrowed funds will be used to refinance existing long-term borrowings maturing in January 2026.
Financial Status and Risks After Borrowing
Following this borrowing, the balance of long-term borrowings will remain unchanged at 628 billion yen, with a 5.4 billion yen increase in variable-rate long-term loans offset by a corresponding decrease in fixed-rate long-term loans. The amounts of short-term borrowings and investment corporation bonds will also remain unchanged. Additionally, there is no change to the risks associated with the borrowing as outlined in the 'Investment Risks' section of the annual securities report submitted on September 29, 2025.
