Frontier Real Estate Investment Corporation
Notice Regarding Increase in Maximum Borrowing Limit under the Commitment Line Agreement
The maximum borrowing limit under the commitment line agreement with Mizuho Bank, Ltd. was increased from 1.5 billion yen to 2.5 billion yen, making the total maximum borrowing limit 20 billion yen.
Key Figures
- Maximum Borrowing Limit (Mizuho Bank): 2.5 billion yen (increased as of 2026-07-24)
- Total Maximum Borrowing Limit under Commitment Line Agreements: 20 billion yen
- Longest Contract Term: 2029-12-13 (Mizuho Trust & Banking Co., Ltd.)
AI要約
Overview of Change in Maximum Borrowing Limit
Frontier Real Estate Investment Corporation has decided to increase the maximum borrowing limit under the commitment line agreement with Mizuho Bank, Ltd., concluded on 2025-01-24, from 1.5 billion yen to 2.5 billion yen effective 2026-07-24. This is a measure to build a stronger financial foundation in preparation for acquisition of specific assets and refinancing risk. The borrowings will be unsecured and unguaranteed.
Overall Status and Impact of Commitment Line Agreements
After the increase, the total maximum borrowing limit under the commitment line agreements is 20 billion yen. The contracting banks are Mitsubishi UFJ Bank, Sumitomo Mitsui Banking Corporation, Sumitomo Mitsui Trust Bank, Mizuho Bank, and Mizuho Trust & Banking Co., Ltd. This change in the borrowing limit will not cause significant revisions to the "Investment Risks" section of the Securities Report filed on 2026-03-30.
