Source disclosure: February 20, 2026
TOKYU REIT, Inc. [8957.T]
TOKYO, Feb 20 (Pulse News Wire) – TOKYU REIT, Inc. (8957.T) announced today that it has decided to increase its long-term borrowing to fund the repayment of existing debt due on February 25, 2034.
The new loan amount is ¥500 million and will be borrowed from Mizuho Trust Bank Co., Ltd. at a rate based on the average monthly Japanese yen TIBOR plus 0.44%. The interest payment schedule begins on March 26, 2026 and continues monthly thereafter, adjusting according to the latest TIBOR rates published by the Japan Banking Association. In addition, the company plans to repay a previous long-term loan of ¥500 million borrowed from Mizuho Trust Bank Co., Ltd. on February 25, 2022.
This loan was taken out on February 25, 2022, and will be fully repaid on February 25, 2026, utilizing funds from the newly acquired loan. Following the execution of these transactions, the total outstanding borrowings of TOKYU REIT, Inc. will decrease from ¥94.50 billion to ¥94.50 billion. The company stated that there would be no changes to the investment risks outlined in their recent securities report submitted on October 31, 2025. This strategic move reflects the ongoing management efforts to optimize the capital structure while ensuring liquidity for future investments.
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