Mitsui Fudosan Accommodations Fund Inc. [3226.T]
TOKYO, May 27 (Pulse News Wire) – Mitsui Fudosan Accommodations Fund Inc. (3226.T) announced today that it has secured loans to refinance existing debt.
The loans consist of: - A loan from Sumitomo Mitsui Trust Bank amounting to ¥2 billion with a monthly Japanese yen TIBOR rate plus 0.045%. The borrowing date is August 31, 2026, and repayment is due on the same day. - A loan from Kiraboshi Bank totaling ¥2 billion with a quarterly Japanese yen TIBOR rate plus 0.125%. Borrowing is set for May 29, 2026, with repayment scheduled for May 30, 2026, through a lump-sum payment. - Another loan from Eighty Nagano Bank for ¥1.500 billion with a quarterly Japanese yen TIBOR rate plus 0.175%.
The borrowing date is May 31, 2026. Interest rates are based on the two-business-day prior to each interest payment date's general association of banks' TIBOR rate published by the TIBOR Operation Committee. Following the refinancing, the fund’s total borrowings remain unchanged at ¥167.7 billion, with short-term borrowings at 20 billion yen and long-term borrowings at ¥165.7 billion. The interest-bearing liabilities ratio stands at 54.4%, while the long-term interest-bearing liabilities ratio remains at 98.8%. There have been no significant changes in risks associated with the refinancing since the filing of the securities report on November 28, 2025.
No additional risks related to the refinancing have emerged compared to those disclosed in the securities report submitted on November 28, 2025.
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