Japan Hotel REIT Investment Corporation has announced a comprehensive JPY22 billion refinancing package to repay existing loans due on 30 September 2025, with a significant portion structured as green loans under the REIT's environmental finance framework.
The REIT disclosed on 22 September that it had resolved to procure three new term loans totalling JPY22 billion from a consortium of major Japanese banks.
The refinancing will maintain the REIT's total interest-bearing debt at JPY269.4 billion, with no net increase in borrowings.
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