Source disclosure: February 20, 2026
Hulic Reit,Inc. [3295.T]
TOKYO, Feb 20 (Reuters) - Hulic Reit Investment Corporation (code: 3295), represented by Executive Director Ichikiba Koji, has announced today that it has finalized arrangements to secure financing through a series of loans from various banks. The company's asset management firm, Hulic Reit Management Co., Ltd., also led by President Ichikiba Koji, will manage these funds.
The investment corporation is set to borrow a total of ¥100 billion under several loan agreements scheduled to be executed on February 27, 2026. These loans include a long-term borrowing arrangement worth ¥20.1 billion from Mizuho Bank, Sumitomo Mitsui Trust Bank, and Mitsubishi UFJ Bank, which will mature on August 30, 2030. Another agreement involves a ¥31.5 billion loan from Mizuho Bank, Sumitomo Mitsui Banking Corporation, Nippon Norinchukin Bank, Mizuho Trust & Banking Co., and SBI Sumishin Prime Bank, maturing on February 28, 2031. Additionally, there is an unspecified amount of ¥8.5 billion planned for borrowing from the same group of lenders, due on August 29, 2031. Lastly, another ¥39.9 billion loan from Mizuho Bank, Sumitomo Mitsui Banking Corporation, Nippon Norinchukin Bank, Mizuho Trust & Banking Co., and Resona Bank is anticipated to conclude on February 27, 2032.
These loans are intended primarily to refinance existing debt totaling ¥100 billion, which was initially borrowed on January 29, 2019, as previously disclosed. By executing this refinancing strategy, the company aims to maintain stable relationships with its current banking partners while extending the maturity periods of its debts and diversifying repayment schedules. Post-execution, the total interest-bearing liabilities of the investment corporation remain unchanged at ¥196.896 billion, comprising ¥181.896 million in combined short-term and long-term borrowings and ¥15 billion in investment trust bonds.
Regarding risks associated with these new borrowings, the company asserts that no significant changes have occurred since the information provided in its securities report submitted on November 20, 2025.
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