Tokyu REIT, Inc.
Notice Regarding Long-Term Borrowing (Green Loan) and Repayment
Tokyu Real Estate Investment Corporation decided to borrow a 1,500 million yen green loan from Sumitomo Mitsui Trust Bank on January 30, 2026, and plans to repay the same amount of existing borrowings.
Key Figures
- Borrowing Amount: 1,500 million yen (Green Loan)
- Borrowing Date: 2026-01-30
- Repayment Date: 2032-01-26 (6-year term)
AI要約
Overview of Borrowing
Tokyu Real Estate Investment Corporation has decided, based on its Green Finance Framework, to borrow 1,500 million yen in long-term debt (green loan) from Sumitomo Mitsui Trust Bank on January 30, 2026, targeting a portion of the funds for the expansion construction of the Tokyu Toranomon Building, a specified asset. The applicable interest rate is the base rate (Zengin Association 3-month Japanese Yen TIBOR) plus 0.38%, with bullet repayment at maturity, and a term of six years. The loan is unsecured and unguaranteed, and there are no financing fees.
Repayment of Existing Borrowings and Borrowing Balance Status
The 1,500 million yen long-term borrowing from Sumitomo Mitsui Trust Bank borrowed on August 5, 2022, will be repaid on January 30, 2026. After this execution, the borrowing balance remains unchanged: long-term borrowings 94,500 million yen, investment corporation bonds 11,000 million yen, total interest-bearing debt 105,500 million yen. There is no change to the investment risks related to borrowing repayment as disclosed in the securities report filed on October 31, 2025.
