Daiwa Securities Living Investment Corporation [8986.T]
TOKYO, May 21 (Pulse News Wire) – Daiwa Securities Living Investment Corporation (8986.T) announced today that it has decided to refinance its debt totaling ¥8.202 billion. The refinancing, referred to as the "Refinancing Transaction," is aimed at funding the repayment of a loan due on June 15, 2026, and another total amounting to ¥5.702 billion due on June 22, 2026.
Details of previous bond issuance and borrowing can be found in earlier press releases dated June 7, 2016, and March 19, 2018, respectively. Under the Refinancing Transaction, the corporation will borrow a total of ¥8.202 billion from existing banking institutions. Key components include Term Loan 26G, which involves a fixed-rate loan from Sumitomo Mitsui Banking Corporation, and Term Loans 26H through 26J, which are based on six-month interbank offered rates (TIBOR).
All loans are scheduled to be repaid in lump sums on their respective maturity dates ranging from August 30, 2030, to March 31, 2032. Following the transaction, the corporation's total liabilities remain unchanged at 210,237 million yen, with long-term debt increasing to 178,074 million yen from 169,872 million yen. The refinancing does not introduce significant changes to the investment risks detailed in the 39th periodic securities report filed on December 22, 2025.
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