ORIX JREIT Inc.
Notice Regarding Borrowing of Funds
ORIX JREIT Inc. will execute a total of 6,000 million yen in variable interest rate borrowings from Sumitomo Mitsui Trust Bank and MUFG Bank on March 31, 2026, allocating the proceeds to the acquisition of Kamata Prime.
Key Figures
- Total Borrowed Amount: 6,000 million yen
- Short-term Borrowings: 15,500 million yen (+6,000 million yen)
- LTV (Total Asset Basis): 47.5% (+0.4%)
AI要約
Overview of Borrowing
ORIX JREIT Inc. will execute variable interest rate borrowings of 3,000 million yen each from Sumitomo Mitsui Trust Bank and MUFG Bank, totaling 6,000 million yen, as of March 31, 2026. The borrowing interest rate will be the reference rate (Japanese Yen TIBOR 1-month by Zengin System) plus 0.3%. The repayment date is March 23, 2027, with lump-sum repayment at maturity, unsecured and without guarantee.
Financial Position After Borrowing and Use of Funds
As a result of this borrowing, short-term borrowings will increase from 9,500 million yen to 15,500 million yen, and total borrowings will rise from 326,697 million yen to 332,697 million yen. LTV (total asset basis) will increase by 0.4 percentage points from 47.1% to 47.5%. The borrowed funds will be allocated to the acquisition of Kamata Prime. There is no change to investment risk associated with the borrowing.
