TOKYO, Mar 25 (Pulse News Wire) – Industrial & Infrastructure Fund Investment Corporation (3249.T) announced today that it has decided to refinance its debt through new borrowings. The refinancing involves two loans totaling ¥1.65 billion with variable interest rates based on the one-month Japanese yen TIBOR set by the Federation of Banks Association (FBA).
The first loan of ¥850 million from Fukui Bank will have a term of eight years and is scheduled to be executed on March 31, 2026, with repayment due on the same day. The second loan of ¥800 million from Mizuho Bank also carries an eight-year term and will be executed on March 31, 2026, with repayment due on the same date. Both loans will be repaid in full upon maturity. As part of the refinancing, the company plans to repay existing debts amounting to ¥1.65 billion, which includes a fixed-rate loan of ¥850 million from Meiji Yasuda Life Insurance Co. Ltd.
And another fixed-rate loan of ¥800 million from Mizuhoro Bank. Additionally, there is a separate loan of ¥800 million from Fukuoka Bank with a ten-year fixed rate term. Following the execution of these refinancing measures, the total outstanding borrowings remain unchanged at ¥279.033 billion. However, the composition of short-term and long-term borrowings will shift slightly, with short-term borrowings decreasing to ¥12.9 billion and long-term borrowings increasing accordingly. The refinanced loans will help manage interest rate risks associated with previous floating-rate agreements.
No significant changes have occurred in the investment risks detailed in the 36th periodic securities report submitted on October 23, 2025.
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