HEIWA REAL ESTATE REIT, INC. October 27, 2023
For Immediate Release
REIT Issuer
HEIWA REAL ESTATE REIT, Inc.
5-1 Nihonbashi Kabuto-cho,Chuo-ku, Tokyo
Aya Motomura, Executive Director
(Securities Code: 8966)
Asset Management Company
HEIWA REAL ESTATE Asset Management CO., LTD.
Masanori Hirano, Representative Director, President and Chief Executive Officer Inquiries: Junichi Kawamura, Managing Officer and General Manager of Planning & Finance Department TEL. +81-3-3669-8771
Notice Concerning Borrowing of Funds (Interest Rate Settlement)
HEIWA REAL ESTATE REIT, Inc. (the "Investment Corporation") announced today that the interest rate for funds borrowed as announced in the press release "Notice Concerning Borrowing of Funds and Repayment of Loans" on October 25, 2023 has been settled as follows.
Details
1. Details of Borrowing of Funds (Interest Rate)
(1) Term Loan 73 Tranche B
Lender | Loan Amount | Interest Rate | Drawdown Date | Principal Repayment |
Date | ||||
MUFG Bank, Ltd. | 700 million yen | Fixed interest rate | October 31, 2023 | May 31, 2028 |
1.05302% | ||||
(2) Term Loan 73 Tranche D
Lender | Loan Amount | Interest Rate | Drawdown Date | Principal Repayment |
Date | ||||
MUFG Bank, Ltd. | 1,550 million yen | Fixed interest rate | October 31, 2023 | November 29, 2030 |
1.46985% | ||||
2. Other
The risks associated with the borrowing of funds as described above do not change from those detailed in
"Investment Risks" in the periodic securities report (yuka shoken hokokusho) for the fiscal period ended May 2023 (43rd Fiscal Period), which was submitted on August 29, 2023.
* Investment Corporation Website: https://www.heiwa-re.co.jp/en/
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Disclaimer
HEIWA Real Estate REIT Inc. published this content on 27 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 October 2023 08:17:12 UTC.
