Frontier Real Estate Investment Corporation [8964.T]
TOKYO, Mar 31 (Pulse News Wire) – Frontier Real Estate Investment Corporation (8964.T) announced today that it has increased its commitment line borrowing limit with Mizuho Bank to ¥25 billion effective March 31, 2026, up from the previous limit of ¥15 billion. The decision was made to strengthen the company's financial foundation further against risks such as asset acquisition and refinancing.
The revised agreement remains unsecured and without guarantees, maintaining the same terms as the initial contract signed on January 24, 2025. Following the adjustment, the total committed lines of credit stand at: - Mitsubishi UFJ Bank: ¥10 billion (valid until February 6, 2027) - Sumitomo Mitsui Banking Corporation: ¥15 billion (valid until August 31, 2028) - Sumitomo Mitsui Trust Bank: ¥10 billion (valid until September 29, 2028) - Mizuho Bank: ¥25 billion (valid until January 23, 2028) - Mizuho Trust Bank: ¥10 billion (valid until December 13, 2029) Total committed lines amount to ¥70 billion.
Notably, there are no significant changes to the investment risk disclosed in the securities report filed on March 30, 2026.
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