United Urban Investment Corporation [8960.T]
TOKYO, Jun 11 (Pulse News Wire) – United Urban Investment Corporation (8960.T) announced today that it has secured green loans totaling ¥1 billion to refinance existing debt repayments. The funds will be used to settle upcoming repayment obligations for previous borrowings amounting to ¥1 billion.
The loans consist of three term loans: Term Loan 65D, Term Loan 66D, and Term Loan 67D, each with Mizuho Bank and Mitsubishi UFJ Financial Group respectively. Additionally, two more term loans—Term Loan 68D and Term Loan 69D—are being arranged with Shinkin Central Bank and Eighty-Nagano Bank. All loans carry interest rates based on the Tokyo Interbank Offered Rate (TIBOR) plus a margin, with fixed rates yet to be determined for some loans. The loan agreements will be finalized , and the interest payment schedule begins on June 20, 2026, followed by monthly payments thereafter.
Principal repayments are set for various dates ranging from June 20, 2026, to June 20, 2033. Notably, these transactions are part of the company's sustainability finance framework aimed at refinancing assets aligned with its green criteria. Following the execution of these loans, the corporation’s total liabilities remain unchanged at ¥320.853 billion, with short-term borrowings increasing by ¥2 billion and long-term borrowings decreasing correspondingly. Details of the existing debts, including their maturity dates and lenders, are outlined in the disclosure.
No significant changes have been made to the risk assessment related to borrowing activities since the last securities report filed on December 21, 2026.
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