Source disclosure: February 25, 2026, 15:30 JST
GLP J-REIT [3281.T]
TOKYO, Feb 25 (Pulse News Wire) – GLP J-REIT (3281.T) announced today that the interest rate for a portion of its previously disclosed loan facility was finalized. The loan amounting to ¥1.5 billion was agreed upon with Mizuho Bank on February 27, 2026, with repayment due August 31, 2033, through a lump-sum payment without collateral.
Under the agreement, the interest rate is based on the average of the six-month LIBOR plus a spread. According to the terms, the interest payments will commence from March 31, 2026, and continue monthly thereafter until maturity.
Any adjustments to the interest rate will be determined according to the method outlined in the contract, ensuring stability throughout the term. Additionally, GLP J-REIT noted that there have been no changes to the risk factors associated with this borrowing arrangement since the last report filed on November 27, 2025.
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