For Immediate Release
REIT Issuer:
ORIX JREIT Inc. (TSE: 8954)
Yukako Oshimi Executive Director
Asset Management Company:
ORIX Asset Management Corporation Ikuya Onda
President and CEO Inquiries: Takayuki Hirasawa General Manager
Financial Planning Department TEL: +81 3 5776 3323
ORIX JREIT Announces New Debt Financing
TOKYO, April 24, 2026 - ORIX JREIT Inc. announced its decision to implement new debt financing as described below.
Description of debt financing
Lender
Loan amount
(million yen)
Interest rate
Borrowing date
Repayment date (Note 1)
Repayment method and Collateral
Sumitomo Mitsui Trust Bank, Ltd.
2,500
Floating
Base rate based on JBA 3-month JPY TIBOR + 0.15% (Note2)
April 28,
2026
March 23,
2027
Bullet payment on the maturity date,
Un-secured / Non-guaranteed
MUFG Bank, Ltd.
2,500
Floating
Base rate based on JBA 1-month JPY
TIBOR + 0.15% (Note2)
April 28,
2026
March 23,
2027
Total
5,000
Notes:
If the repayment date falls on a non-business day, it will be the next business day. However, if the next business day falls in the following month, the repayment date will be the preceding business day.
Base rate applicable to the calculation period for the interest payable on the interest payment date based on JBA 3-month JPY TIBOR or JBA 1-month JPY TIBOR is determined prior to 2 business days from the latest interest payment date. For base rate, please see the website of the JBA TIBOR administration. http://www.jbatibor.or.jp/english/
Use of proceeds
To allocate to the acquisition of "Baysidepark Osaka South Residences" and "Baysidepark Osaka North Residences".
Note: For the details, please refer to the press release 'ORIX JREIT Announces Acquisition of "Baysidepark Osaka South Residences" and "Baysidepark Osaka North Residences"' announced on March 31, 2026.
Change in interest-bearing liabilities and LTV
Unit: million yen
Before
As of April 24, 2026
After
As of April 28, 2026
Change
Short-term loans
15,500
20,500
+5,000
Long-term loans
317,197
317,197
-
Total of loans
332,697
337,697
+5,000
Investment corporation bonds
21,000
21,000
-
Total interest-bearing liabilities
353,697
358,697
+5,000
LTV based on total assets (Note)
47.2%
47.6%
+0.4%
Note: "LTV based on total assets" (%) = Interest-bearing liabilities ÷ Expected total assets × 100
"Expected total assets" is calculated by adding or subtracting the increase or decrease amount of interest-bearing liabilities and unitholders' capital since March 1, 2026 to the total assets as of the end of the 48th fiscal period ended February 28, 2026. LTV figure is rounded to the one decimal place. Accordingly, change in the LTV figures may not tally due to rounding error.
Additional information for investors
With respect to the risks associated with new debt financing, the content of "Investment Risks" stated in our Security Report (Yukashoken Hokokusho) for the 47th fiscal period ended August 31, 2025, has not changed.
This is the English translation of original Japanese documents and is provided solely for information purposes. If there are any discrepancies between the translation and the Japanese original, the latter shall prevail.