Source disclosure: February 26, 2026, 16:30 JST
Mitsui Fudosan Accommodations Fund Inc. [3226.T]
TOKYO, Feb 26 (Pulse News Wire) -- Mitsui Fudosan Accommodations Fund Inc. (3226.T), represented by Executive Director Tetsu Inoue, announced today that it has finalized plans to borrow funds from several banks as part of its ongoing financial strategy. The company will be borrowing ¥10 billion each from three different institutions: Sumitomo Mitsui Banking Corporation, Chiba Bank, and Yokohama Bank. Additionally, the fund will secure another ¥10 billion from Mitsubishi UFJ Financial Group, Inc., bringing the total borrowed amount to ¥40 billion. These loans have varying interest rates ranging from 1.793% to 2.011%, with some tied to the Tokyo Interbank Offered Rate (TIBOR). The repayment terms extend until 2036, with all loans being unsecured and without guarantees, except for the Mitsubishi UFJ loan which is structured differently.
The primary purpose of these borrowings is to finance the acquisition of Camp Terrace Kyushu Research City, scheduled for delivery on March 2, 2026. This includes not only the purchase price but also associated costs related to the property. Following this new borrowing, the company's short-term debt remains unchanged at ¥20 billion, while long-term debt increases to ¥1,657 billion from ¥1,617 billion previously. As a result, the overall indebtedness rises to ¥1,677 billion from ¥1,637 billion before the transaction.
Regarding the impact on financial ratios, the leverage ratio, calculated as total interest-bearing liabilities divided by the sum of those liabilities plus equity, climbs slightly to 54.4% from 53.8%. However, the proportion of long-term interest-bearing liabilities relative to total interest-bearing liabilities stays constant at 98.8%. Notably, the calculation of these ratios rounds off figures to two decimal places, ensuring precision in reporting.
In addition to these financial updates, the company highlighted that there have been no significant changes in risk factors related to the repayment of these debts since their last report filed on November 28, 2025. For more detailed information, investors can visit the company’s official website at https://www.naf-r.jp.
The funds will be used for ). For full details, please refer to the original disclosure document.
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