HEIWA REAL ESTATE REIT,Inc. [8966.T]
TOKYO, May 26 (Pulse News Wire) – Heiwa Real Estate Reit,inc. (8966.T) entered into interest rate swap agreements to hedge against future interest rate fluctuations.
The swaps cover term loans totaling ¥4.600 billion for Term Loan 76 Tranche C, ¥395 million for Term Loan 84 Tranche B, and ¥1.400 billion for Term Loan 84 Tranche C. The agreements, effective May 29, 2026, run until November 28, 2031, November 29, 2030, and May 30, 2031, respectively.
Under these swaps, the rates for the respective loans will effectively be fixed at 3.02950%, 2.73170%, and 2.85045%. The risk associated with these interest rate swaps remains unchanged from the information disclosed in the securities filing submitted on October 24, 2024, and the fiscal report filed on February 25, 2026, covering the fourth quarter ended November 2025.
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