Source disclosure: February 27, 2026, 16:00 JST
MIRARTH Real Estate Investment Corporation [3492.T]
TOKYO, Feb 27 (Pulse News Wire) -- MIRARTH Real Estate Investment Corporation (3492.T), represented by Executive Director Tadanao Saijo, announced on February 27 that the interest rate has been finalized for its previously disclosed loan agreement dated February 24. The company is borrowing ¥3,000 million through a syndicated loan arranged by Sumitomo Mitsui Banking Corporation with an annual interest rate of 2.79875%.
The loan term spans from March 3, 2026, to February 28, 2031, and will be repaid in one lump sum upon maturity. This long-term financing arrangement does not require any collateral. According to the terms outlined in the announcement, the first interest payment will be due on May 29, 2026, followed by subsequent payments every three months thereafter until the final repayment date.
The syndicate of banks involved includes Sumitomo Mitsui Banking Corporation, Mitsubishi UFJ Bank, Mizuho Bank, Shizuoka Bank, Sakura Bank, SBI Sumishin Netto Bank, Resona Bank, and Aozora Bank. These institutions have collectively formed the lending consortium for this transaction.
Additionally, under certain conditions specified in the agreement, the borrower may prepay all or part of the loan before the scheduled repayment date provided they give prior written notice. If the repayment day falls on a non-banking business day, it will be adjusted to the next business day; however, if that day lands in the following month, the repayment will occur on the previous business day instead.
The official website for MIRARTH Real Estate Investment Corporation is accessible at https://mirarth-reit.com/. It should be noted that this press release is intended solely for public disclosure regarding the company's funding arrangements and is not designed as an investment solicitation document.
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