Daiwa Securities Living Investment Corporation
Notice of Conclusion of Interest Rate Swap Agreement
To hedge interest rate rise risk, interest rate swap agreements were entered to fix part of variable-rate borrowings totaling 3,600 hundred million yen. Counterparties are SBI Shinsei Bank, Resona Bank, and Mizuho Bank. Start date is 2026-09-30 and end date is 2028-09-30.
Key Figures
- Key figure 1: Interest rate swap subject amount total 3,600 hundred million yen
- Key figure 2: Fixed pay interest rate 2.9620%; individual fixed rates for borrowings 2.9620% / 3.0120% / 2.9870%
- Key figure 3: Contract period September 30, 2026 – September 30, 2028
AI要約
Overview
The Issuer has entered into interest rate swap agreements to convert part of its variable-rate borrowings into fixed rates for the purpose of hedging the risk of rising interest rates. The subject borrowings total 3,600 hundred million yen, and the counterparties are SBI Shinsei Bank, Resona Bank and Mizuho Bank. The fixed pay rate is linked to the Zengin Association 3-month yen TIBOR, and the term is from September 30, 2026 to September 30, 2028.
Impact and Future Actions
This agreement is expected to reduce future variable interest rate risk, fixing payment rates through September 30, 2028. Descriptions of the risk are consistent with the investment risk section of the 40th securities report submitted on June 22, 2026. Actual impact on payments may vary depending on future market interest rate movements.
Daiwa Securities Living Investment Corporation
Company overview · Stock price · Financial data · All IR
