TOKYO, Mar 10 (Pulse News Wire) – Hulic Reit,inc. (3295.T) has decided to repay part of its outstanding debt ahead of schedule.
The key details are as follows: - Repayment amount: ¥6.400 billion - Repayment date: March 16, 2026 - Funding sources: Proceeds from asset transfers announced today and existing cash reserves This repayment pertains to a portion of a loan originally taken out with Mizuho Bank on December 24, 2024, which was partially prepaid earlier. As a result of this latest prepayment, the entire remaining balance of this loan will be settled.
Following this repayment, the total interest-bearing liabilities of the investment trust will decrease by ¥6.400 billion. Specifically, long-term borrowings will drop from ¥178.016 billion to ¥175.496 billion, while short-term borrowings remain unchanged at ¥3.88 billion.
Looking ahead, the impact on the operational outlook for the fiscal period ending August 31, 2026, is expected to be minor, with no changes anticipated in projected performance metrics.
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