Japan Real Estate Investment: Corp Secures Loan to Refinance Existing Debt

TOKYO, Mar 26 (Pulse News Wire) – Japan Real Estate Investment Corporation (8952.T) announced today that it has secured a loan of ¥5 billion to refinance existing long-term debt. The new loan, which carries a rate based on the three-month Japanese yen TIBOR set two business days prior to each interest payment date, was arranged through Central Credit Union and is scheduled to be executed on March 30, 2026.

The funds will be used to repay a previous long-term borrowing of ¥5 billion made on March 30, 2017. The repayment of the new loan is due on March 31, 2036, with semi-annual interest payments occurring on March 30, June 30, September 30, and December 30 each year until maturity.

The loan is unsecured and unconditional. Following this transaction, the corporation's total interest-bearing liabilities will increase by ¥5.

The company noted that there have been no significant changes to its investment risks since the filing of its securities report on March 19, 2026.