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KDX Realty Investment Secures 2.67 Billion Yen Green Loan for Debt Refinancing

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KDX Realty Investment (TYO:8972) said it will undertake debt financing of 2.67 billion yen through a green loan to refinance existing borrowings, according to a Friday filing on the Tokyo Stock Exchange.

The Series 0050 loan will be provided by Sumitomo Mitsui Banking with an interest rate set at one-month yen TIBOR plus 0.125%, with a contract date of April 17, drawdown on April 21, and maturity on April 30, 2027.

The borrowing will be unsecured and unguaranteed, with the principal repaid in full at maturity. Proceeds will be used to refinance existing debt due on April 21, 2026.

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