{"id":65057,"date":"2026-06-16T16:02:44","date_gmt":"2026-06-16T07:02:44","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/2989-20260616-01_wp_basic\/"},"modified":"2026-07-12T12:08:17","modified_gmt":"2026-07-12T03:08:17","slug":"2989-20260616-01_wp_basic","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-2989\/ir\/2989-20260616-01_wp_basic\/","title":{"rendered":"Notice Regarding Borrowing of Funds"},"content":{"rendered":"","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 center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","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":"","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":""}},"ast-content-background-meta":{"desktop":{"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":""},"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":"2989","jir_company_name":"Tokaido REIT Investment Corporation","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-06-16","jir_source_link":"[Placeholder]","jir_short_summary":"This REIT has newly executed total long-term borrowings of \u00a55,600 million. Borrowings from a syndicated loan led by Series 13-A of \u00a53,000 million and Series 13-B of \u00a52,600 million. Interest rates include a spread of 0.45% and 0.50% over the base rate respectively. Repayment deadlines are January 31, 2029 and June 23, 2029, unsecured and non-recourse. The funds will be used to repay Series 1-C.","jir_summary":"### Financing overview\nThis REIT will incur borrowings totaling \u00a55,600 million as long-term debt. The breakdown is Series 13-A of \u00a53,000 million and Series 13-B of \u00a52,600 million, borrowed from a syndicated loan group. Repayment is on a single due date, with interest payments due at the end of each month, including the first interest payment date. No collateral or guarantees apply, and the execution date is June 23, 2026.\n\n### Use of funds and impact on finances\nThe borrowings are intended to allocate funds to repay Series 1-C (totaling \u00a55,600 million) due June 23, 2026. The total interest-bearing debt from the new borrowings is expected to remain flat or increase slightly, and there is no material change to the financial structure from what is described in the fund's investment risk section (Fund I).","jir_financial_highlights":"Total borrowings: \u00a55,600 million\nSeries 13-A borrowings: \u00a53,000 million\nSeries 13-B borrowings: \u00a52,600 million\nInterest rate: Base rate + 0.45% (13-A) \/ Base rate + 0.50% (13-B)\nBorrowing execution date: June 23, 2026\nMaturity dates: January 31, 2029 (13-A) \/ June 23, 2029 (13-B)","jir_category":"Other","jir_hashtags":"#Tokaido REIT Investment Corporation, #Fundraising, #JapaneseEquities","jir_key_figures":"Total borrowings: \u00a55,600 million\nSeries 13-A borrowings: \u00a53,000 million\nSeries 13-B borrowings: \u00a52,600 million","jir_meta_title":"\u3010Tokaido REIT Investment Corporation\u3011Funding Borrowing Created\uff5cJune 16, 2026","jir_meta_description":"Tokaido REIT Investment Corporation has decided on a total long-term borrowings of \u00a55,600 million. Borrowings from a syndicated group of Series 13-A \u00a53,000 million and Series 13-B \u00a52,600 million, with repayment slated for 2029. Please refer to IR materials for details.","jir_og_title":"\u3010Tokaido REIT Investment Corporation\u3011Funding Borrowing Decision\uff5cJune 16, 2026","jir_og_description":"Execution of total long-term borrowings of \u00a55,600 million. Overview of borrowings by series, repayment dates, and interest rates. Unsecured and non-recourse, with funds allocated to repayment.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":56992,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-65057","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Notice Regarding Borrowing of Funds - Japan IR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/japanir.jp\/en\/company\/company-2989\/ir\/2989-20260616-01_wp_basic\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-2989\/ir\/2989-20260616-01_wp_basic\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-2989\/ir\/2989-20260616-01_wp_basic\/\",\"name\":\"Notice Regarding Borrowing of Funds - Japan IR\",\"isPartOf\":{\"@id\":\"https:\/\/japanir.jp\/en\/#website\"},\"datePublished\":\"2026-06-16T07:02:44+00:00\",\"dateModified\":\"2026-07-12T03:08:17+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-2989\/ir\/2989-20260616-01_wp_basic\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/japanir.jp\/en\/company\/company-2989\/ir\/2989-20260616-01_wp_basic\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-2989\/ir\/2989-20260616-01_wp_basic\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/japanir.jp\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Notice Regarding Borrowing of Funds\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/japanir.jp\/en\/#website\",\"url\":\"https:\/\/japanir.jp\/en\/\",\"name\":\"Japan IR\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/japanir.jp\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Notice Regarding Borrowing of Funds - Japan IR","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/japanir.jp\/en\/company\/company-2989\/ir\/2989-20260616-01_wp_basic\/","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/japanir.jp\/en\/company\/company-2989\/ir\/2989-20260616-01_wp_basic\/","url":"https:\/\/japanir.jp\/en\/company\/company-2989\/ir\/2989-20260616-01_wp_basic\/","name":"Notice Regarding Borrowing of Funds - Japan IR","isPartOf":{"@id":"https:\/\/japanir.jp\/en\/#website"},"datePublished":"2026-06-16T07:02:44+00:00","dateModified":"2026-07-12T03:08:17+00:00","breadcrumb":{"@id":"https:\/\/japanir.jp\/en\/company\/company-2989\/ir\/2989-20260616-01_wp_basic\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/japanir.jp\/en\/company\/company-2989\/ir\/2989-20260616-01_wp_basic\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/japanir.jp\/en\/company\/company-2989\/ir\/2989-20260616-01_wp_basic\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/japanir.jp\/en\/"},{"@type":"ListItem","position":2,"name":"Notice Regarding Borrowing of Funds"}]},{"@type":"WebSite","@id":"https:\/\/japanir.jp\/en\/#website","url":"https:\/\/japanir.jp\/en\/","name":"Japan IR","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/japanir.jp\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"related_company_data":{"id":"56992","title":"\u6771\u6d77\u9053\u30ea\u30fc\u30c8\u6295\u8cc7\u6cd5\u4eba","ticker":"2989"},"_links":{"self":[{"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/ir-release\/65057","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/ir-release"}],"about":[{"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/types\/ir_release"}],"replies":[{"embeddable":true,"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/comments?post=65057"}],"version-history":[{"count":1,"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/ir-release\/65057\/revisions"}],"predecessor-version":[{"id":79250,"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/ir-release\/65057\/revisions\/79250"}],"wp:attachment":[{"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/media?parent=65057"}],"wp:term":[{"taxonomy":"sector","embeddable":true,"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/sector?post=65057"},{"taxonomy":"importance","embeddable":true,"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/importance?post=65057"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}