HEIWA REAL ESTATE REIT, Inc. [8966.T]
TOKYO, May 18 (Pulse News Wire) – Heiwa Real Estate Reit,inc. (8966.T) announced plans to prepay a term loan ahead of schedule.
The loan, originally taken out on March 2, 2026, with Sumitomo Mitsui Banking Corporation, had a balance of ¥5.140 billion. The prepayment amount is set at ¥4.500 billion, reducing the outstanding balance to ¥640 million. The prepayment is scheduled for June 1, 2026, with the final repayment due on June 30, 2027. Additionally, another term loan with Sumitomo Mitsui Banking Corporation, initially borrowed on March 2, 2026, will also undergo a partial prepayment.
The initial balance was ¥640 million, and the planned prepayment amount is ¥640 million, bringing the remaining balance down to ¥0. This prepayment is expected to take place on June 30, 2026, with the final repayment still due on June 30, 2027. Following the prepayments, the total interest-bearing debt of the investment trust will decrease by 5,140 million yen. As of now, the total interest-bearing debt stands at 133,540 million yen compared to 138,680 million yen prior to the prepayment.
The risks associated with the early repayment remain unchanged from those detailed in the securities filing submitted on the same day and in the Securities Report filed on February 25, 2026.
🟡 Confidence: Standard AI-translated content.