TOKYO, Mar 18 (Pulse News Wire) – Mitsubishi Estate Logistics REIT Investment Corporation (3481.T) announced today that it has secured a green loan and pre-paid part of its debt. The company entered into a loan agreement with SBI Sumishin Prime Bank and Daiwa Next Bank for a total amount of ¥900 million and 1.50500% million respectively, both due for repayment on March 23, 2028.
Additionally, Mitsubishi Estate Logistics REIT pre-paid ¥2.400 billion of its existing short-term bank loans on March 23, 2026. The funds raised through the green loan will be used entirely to repay borrowings related to the acquisition of eligible assets designated as "green qualified assets," according to the investment firm's Green Finance Framework.
Interest payments on the newly acquired loans will begin on April 30, 2026, and continue annually on January 31, April 30, July 31, and October 31 until maturity. This financing activity aligns with the company’s previously disclosed forecast for the fiscal year ending August 2026, which remains unchanged.
The updated borrowing situation reflects an increase in long-term liabilities by ¥2.400 billion, bringing the total borrowings to ¥122.349 billion post-prepayment.
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