Japan Hotel REIT Investment Corporation
Notice Regarding Fund Borrowing (New and Partial Green Loan Replacements)
Conducting new borrowings and refinancing existing borrowings. Utilizing green loans to fund renovation costs for Hilton Tokyo Odaiba. Total interest-bearing debt expected to increase to approximately 339,201 million yen. Interest rate to be fixed; repayment date is 2026-09-30.
Key Figures
- Total interest-bearing debt: 339,201 million yen
- New borrowings: 4,900 million yen
- Repayment date: September 30, 2026
AI要約
Overview
This investment corporation will execute a new borrowing to partly fund the renovation costs of Hilton Tokyo Odaiba and will also refinance existing borrowings. The new borrowing is a total of 4,900 million yen, the interest rate is base rate + 0.30%, to be executed on 2026-09-30, with repayment in a lump sum by 2029-09-28, unsecured and without guarantees. The loan will be allocated to funds under the Green Finance Framework as a green loan. In the future, interest rate hedging swaps are planned to fix interest rates.
Impact on finances and risks going forward
Disclosure of a repayment plan for the scheduled borrowings of 4,950 million yen. After execution, total interest-bearing debt is expected to be about 339,201 million yen, with a fixed-rate proportion of about 79%. There are no material changes to disclosure risks beyond those described in the Securities Report and quarterly reports as of March 24, 2026.
Japan Hotel REIT Investment Corporation
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