Activia Properties (TYO:3279) has arranged a 6 billion yen long-term loan from Sumitomo Mitsui Banking Corp. to redeem an existing borrowing of the same amount, according to a Tokyo bourse filing on Friday.
The new loan carries an interest rate of 0.265% plus the one-month JBA Japanese Yen TIBOR, with a drawdown date of June 12, 2026, and maturity on June 12, 2033.
The new loan is structured as a green loan under SMBC's Sustainable Finance Framework, which has received a second opinion from the Japan Credit Rating Agency.