Hoshino Resort REIT, Inc. entered into interest rate swap agreements totaling 1,430 million yen with Mitsubishi UFJ Bank and Mizuho Bank, effectively fixing the interest rates at 2.595% and 3.011%.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center 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center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"3287","jir_company_name":"Hoshino Resort REIT, Inc.","jir_importance":"\u2605\u2605\u2606\u2606\u2606","jir_publication_date":"2026-04-21","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/04\/3287-20260421-01.pdf","jir_short_summary":"Hoshino Resort REIT, Inc. entered into interest rate swap agreements totaling 1,430 million yen with Mitsubishi UFJ Bank and Mizuho Bank, effectively fixing the interest rates at 2.595% and 3.011%.","jir_summary":"### Details of the Interest Rate Swap Agreement\nAs part of its financing announced on April 16, 2026, Hoshino Resort REIT, Inc. entered into interest rate swap agreements with Mitsubishi UFJ Bank and Mizuho Bank. Contract No. 0162 has a notional principal of 730 million yen, and Contract No. 0163-A has 700 million yen. These agreements effectively fix the variable interest rates at 2.595% and 3.011%, respectively. The contract periods are from April 30, 2026, to April 30, 2031, and April 28, 2033, respectively. Payment dates start on May 29, 2026, and continue on the last day of each month and on the final repayment date.\n\n### Future Outlook\nThe impact of concluding these interest rate swap agreements on financial performance is minor, and there are no changes to the operational outlook for the fiscal periods ending April 2026 and October 2026. For details, please refer to the notice dated April 16, 2026, titled 'Notice Regarding Borrowings (Refinancing by Green Loans, etc.) and Interest Rate Swap Transactions.'","jir_financial_highlights":"Notional Principal of Interest Rate Swap Agreement: 730 million yen (Contract No. 0162), 700 million yen (Contract No. 0163-A) (Unknown)\nFixed Payment Interest Rate: 2.220% (Contract No. 0162), 2.436% (Contract No. 0163-A) (Unknown)\nEffective Fixed Interest Rate: 2.595% (Contract No. 0162), 3.011% (Contract No. 0163-A) (Unknown)\nContract Period: April 30, 2026 - April 30, 2031 (Contract No. 0162), April 30, 2026 - April 28, 2033 (Contract No. 0163-A) (Unknown)","jir_category":"","jir_hashtags":"#HoshinoResortREITInc, #general_ir, #JapaneseStocks","jir_key_figures":"Notional Principal of Contract No. 0162: 730 million yen\nNotional Principal of Contract No. 0163-A: 700 million yen\nEffective Fixed Interest Rate: 2.595% (Contract No. 0162), 3.011% (Contract No. 0163-A)","jir_meta_title":"\u3010Hoshino Resort REIT, Inc.\u3011Conclusion of Interest Rate Swap Agreement\uff5cApril 2026","jir_meta_description":"Hoshino Resort REIT, Inc. entered into interest rate swap agreements totaling 1,430 million yen with Mitsubishi UFJ Bank and Mizuho Bank, effectively fixing interest rates at 2.595% and 3.011%.","jir_og_title":"\u3010Hoshino Resort REIT, Inc.\u3011Conclusion of Interest Rate Swap Agreement\uff5cApril 2026","jir_og_description":"Hoshino Resort REIT, Inc. has entered into an interest rate swap agreement, effectively fixing interest rates on borrowings. The financial impact is minor.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":9246,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"general_ir","footnotes":""},"sector":[],"importance":[],"class_list":["post-41512","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n