Tiger Brokers

Daiwa House REIT Investment Finalizes Terms for 5 Billion Yen Loans

MT Newswires Live
Sep 28

Daiwa House REIT Investment (TYO:8984) has finalized terms for two new loans totalling 5 billion yen, according to its Tokyo bourse filing on Monday.

The first sustainability loan of 500 million yen from Mitsui Sumitomo Insurance Company, will carry a fixed interest rate of 2.97126% and has a three and a half year term.

The borrowing is scheduled to be executed on Sept. 30, 2026, with a bullet repayment of the principal due on March 29, 2030.

The second loan of 4.5 billion yen from a consortium of banks, namely Sumitomo Mitsui Banking; The Norinchukin Bank; Sumitomo Mitsui Trust; MUFG Bank; and Mizuho Bank, will carry a fixed rate of 3.0325%.

The four-year loan will be drawn down on Sept. 30, 2026, and will be payable on Sept. 30, 2030.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10