TYO:8954

3 stories mentioning TYO:8954Updated 24d ago

Every FINWIRES story that references TYO:8954, newest first.

ORIX JREIT Secures 9 Billion Yen in New Loans to Prepay Existing Debts

ORIX JREIT (TYO:8954) will borrow 12 billion yen in floating-rate loans from eight regional banks on July 21, with maturities ranging from 2031 to 2035 and interest margins of 0.16% to 0.22% over TIBOR.The proceeds will be used to prepay nearly half of the 23 billion yen in existing loans to Sumitomo Mitsui Trust Bank and MUFG Bank, originally borrowed between November 2025 and June 2026, according to a Tokyo bourse filing on Monday.Following the transactions, total interest-bearing liabilities remain unchanged at 358.7 billion yen, as short-term debt declines by 12 billion yen while long-term debt rises by the same amount.

TYO:8954

Asia42d ago

ORIX JREIT Reports No Major Damage to Morioka Mall Following Iwate Quake

ORIX JREIT (TYO:8954) said its Morioka Minami Shopping Center Sansa sustained no significant damage from the magnitude-6-plus earthquake that struck off Iwate Prefecture on the morning of June 25.The real estate trust reported no casualties or operational disruptions that would materially affect its business, according to a Tokyo bourse filing on Friday.The company said it continues to monitor the situation and will disclose further updates as needed.

TYO:8954

Asia49d ago

ORIX JREIT Secures 10.2 Billion Yen in Mixed-Rate Debt Financing

ORIX JREIT (TYO:8954) has secured 10.2 billion yen in new loans from six lenders, with drawdown scheduled for June 22, to refinance existing long-term debt, according to a Tokyo bourse filing on Thursday.The borrowing includes floating-rate loans tied to JBA TIBOR plus spreads of 0.15% to 0.29%, and fixed-rate facilities at 1.74% and 1.82%, with maturities ranging from one year to ten years.Of the six loans, one totalling 2 billion yen from SBI Shinsei Bank is designated as a Green Loan to refinance funding for eligible green assets under the REIT's Green Finance Framework.Meanwhile, Sumitomo Mitsui Trust Bank provided 1 billion yen, MUFG Bank 1 billion yen, Development Bank of Japan 2 billion yen, Tokio Marine & Nichido Fire Insurance 1 billion yen and Sumitomo MitsuiBanking 3.2 billion yen.

TYO:8954

Track with the FINWIRES app suite

FolioX

Track TYO:8954 in your portfolio

WheelAI

Analyze TYO:8954 options with the wheel strategy

StockInsider

See market sentiment on TYO:8954