May 29, 2024
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: Naomi Kawasaki, 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 May 23, 2024 has been settled as follows.
Details
1. Details of Borrowing of Funds (Interest Rate)
(1) Term Loan 75 Tranche B
Lender | Loan Amount | Interest Rate | Drawdown Date | Principal Repayment |
Date | ||||
MUFG Bank, Ltd. | 225 million yen | Fixed interest rate | May 31, 2024 | November 30, 2028 |
1.13886% | ||||
(2) Term Loan 75 Tranche D
Lender | Loan Amount | Interest Rate | Drawdown Date | Principal Repayment |
Date | ||||
MUFG Bank, Ltd. | 2,000 million yen | Fixed interest rate | May 31, 2024 | May 30, 2031 |
1.49000% | ||||
2. Other
The risks associated with the borrowing of funds as described above do not change from those detailed in "Investment Risks" in the securities registration statement, which was submitted on May 20, 2024 and the periodic securities report (yuka shoken hokokusho), which was submitted on February 29, 2024.
* Investment Corporation Website: https://www.heiwa-re.co.jp/en/
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Disclaimer
HEIWA Real Estate REIT Inc. published this content on 29 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 May 2024 06:15:05 UTC.