KDX Realty Investment Corporation [8972.T]
TOKYO, Apr 17 (Pulse News Wire) – KDX Realty Investment Corporation (8972.T) announced today that it has secured a green loan amounting to ¥2.670 billion. The funds will be used to refinance existing debt due on April 21, 2026.
Under the terms of the agreement, the loan will be executed on April 21, 2026, with repayment scheduled for April 30, 2027. The interest rate is based on the one-month Japanese yen TIBOR set by the Bank of Tokyo-Mitsubishi UFJ, plus a margin of 50. Interest payments will commence in April 2026 and continue monthly thereafter until maturity. This transaction aligns with KDX's sustainability finance framework, which was rated SU 1(F) by Japan Credit Rating Agency (JCR).
The proceeds from this loan will support the acquisition of assets meeting the criteria outlined in their sustainable financing strategy. Following the execution of this loan, KDX’s total borrowings remain unchanged at 584,430 million yen as of April 21, 2026. Specifically, short-term borrowings stand at 12,500 million yen, while long-term borrowings total 543,930 million yen. No significant changes have occurred in the investment risks associated with this borrowing arrangement since the filing of the securities report on January 29, 2026.
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