Daiwa Securities Living Investment Corporation [8986.T]
TOKYO, Apr 22 (Pulse News Wire) – Daiwa Securities Living Investment Corporation (8986.T) announced today that it has secured a total loan amount of ¥5.500 billion (approximately ¥5 billion). The funds will be used for acquiring assets scheduled for purchase on May 1, 2026, and associated costs.
Details of the acquisition can be found in the press release dated March 23, 2026, titled “Acquisition of Domestic Real Estate and Domestic Real Estate Trust Beneficial Rights (Four Rental Properties) and Transfer of Domestic Real Estate (Two Rental Properties).” Under the financing arrangement, the corporation will borrow from existing financial institutions. Specifically, it includes Term Loan 26E from Mitsubishi UFJ Bank for 500 million yen at a rate based on the average of the Tokyo Interbank Offered Rate (TIBOR) plus 0.3783%. Additionally, Term Loan 26F involves a combined loan of 1,000 million yen from Mitsubishi UFJ Bank and SBI Sumishin Prime Bank, also at a rate linked to TIBOR plus 0.4783%.
Both loans are due for repayment on March 31, 2033, with interest payments made monthly until maturity. Following the execution of this financing, the corporation’s debt structure will show an increase in long-term liabilities by ¥5.500 billion, bringing the total to ¥210.237 billion. The detailed breakdown is as follows: | Item | Before Financing (Apr 30, 2026) | After Financing (May 1, 2026) | |------|-----------------------------|-------------------------------| | Short-Term Borrowing (within 1 year) | 28,265 million yen | 28,265 million yen | | Long-Term Borrowing (over 1 year) | 164,372 million yen | 169,872 million yen | | Total Borrowing | 192,637 million yen | 198,137 million yen | | Debentures | 12,100 million yen | 12,100 million yen | | Total Interest-Bearing Debt | 204,737 million yen | 210,237 million yen | No significant changes have occurred in the investment risks related to this financing since the filing of the 39th periodic securities report on December 22, 2025.
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