Japan Hotel REIT Investment Corporation
Notice Regarding Borrowing of Funds (Refinancing)
Japan Hotel REIT Investment Corporation plans to borrow a term loan of 2,500 million yen from Mizuho Bank on January 30, 2026, and refinance the existing loan of 2,526 million yen due on the same day.
Key Figures
- Borrowing Amount: 2,500 million yen (Mizuho Bank, base rate + 0.45%)
- Loan Scheduled for Repayment: 2,526 million yen (due January 30, 2026)
- Total Interest-Bearing Debt: Before execution 269,381 million yen, After execution 269,355 million yen (-26 million yen)
AI要約
Overview of Borrowing
Japan Hotel REIT Investment Corporation has decided that on January 30, 2026, it will repay part of the loan of 2,526 million yen due on that date from cash on hand, and refinance the remaining balance with a term loan of 2,500 million yen. The lender is Mizuho Bank, with an interest rate of base rate + 0.45%, unsecured and unguaranteed, lump-sum repayment at maturity. The interest rate on the loan is scheduled to be fixed through a swap agreement.
Financial Condition and Risks After Refinancing
Total interest-bearing debt after refinancing is expected to be 269,355 million yen, a decrease of 26 million yen from before execution. The fixed interest rate ratio after refinancing is expected to be approximately 81%. Regarding the risks associated with borrowing, there are no significant changes from the investment risks described in the securities report submitted on March 24, 2025, and the semiannual report submitted on September 22, 2025.
