Starts Proceed Investment Corporation

8979.T
REIT - Residential
2026/08/21 Updated
Market Cap: $319.2M (¥50.8B)
Stock Price: $1,171.83 (¥186,300)
Exchange Rate: 1 USD = ¥158.98

Notice of Interest Rate Swap Contract Conclusion

Star Start Prospect Investment Corporation announced on May 19, 2026, the conclusion of an interest rate swap contract, with the contract period from May 22, 2026, to May 24, 2030.

Importance:
Page Updated: May 20, 2026
IR Disclosure Date: May 20, 2026

Key Figures

  • Expected Principal: 2,160 million yen
  • Fixed Payment Interest Rate: 2.830%
  • Contract Period: from May 22, 2026, to May 24, 2030

AI要約

Overview of Contract Details

Star Start Prospect Investment Corporation announced on May 19, 2026, the conclusion of an interest rate swap contract. The contract is related to Term Loan 3, with Resona Bank, Ltd. as the counterparty. The expected principal amount is 2,160 million yen, and the fixed payment interest rate is 2.830% (note). The contract period is from May 22, 2026, to May 24, 2030. The purpose of the contract is to hedge against interest rate risk. Detailed amounts and conditions will be disclosed in future updates.

Future Outlook and Impact on Investors

This contract is aimed at reducing interest rate fluctuation risk and contributes to the financial stability of the investment corporation. Based on future interest rate movements and market conditions, it is expected to have positive effects such as stabilizing financial costs and budget management. Detailed contract information and future interest rate trends will continue to be disclosed.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.

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