Invincible Investment Secures New Loans to Refinance Existing Debt

TOKYO, Jul 14 (Pulse News Wire) – Invincible Investment Corporation (8963.T) secured new loans totaling ¥5.997 billion to refinance existing debt and fund green building projects. The loans, structured through syndicated agreements with multiple banks, will have varying maturities ranging from three to five years, with interest rates based on the six-month Japanese yen TIBOR plus spreads.

Key loan details include: - A three-year term loan of ¥4.003 billion with Mizuho Bank, Sumitomo Mitsui Banking Corporation, and others, maturing on July 16, 2029. - A four-and-a-half-year term loan of ¥6.727 billion with Mizuho Bank, Sumitomo Mitsui Banking Corporation, and SBINewBornBank, maturing on March 14, 2031. - A five-year term loan of ¥4.598 billion with Mizuho Bank, Sumitomo Mitsui Banking Corporation, and SBINewBornBank, maturing on July 16, 2031.

Additionally, part of the funds will be used to refinance previous borrowings related to green buildings such as the Hotel MyStays Premier Kanazawa, Hotel MyStays Premier Akasaka, and Fushiki Beach Resort Hotel & Villas. The total refinancing amount is expected to be ¥15.33 billion. The company plans to execute the loan drawdown on July 16, 2026, with interest payments beginning on July 31, 2026.

The proceeds will also cover partial repayments of existing syndicated loans due on the same day.