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 and Prepayment of Loan
TOKYO, February 13, 2026 - ORIX JREIT Inc. announced its decision to implement new debt financing and prepayment of loan as described below.
Description of debt financing
Details of new debt financing
Lender
Loan amount
(million yen)
Interest rate
Borrowing date
Repayment date (Note 1)
Repayment method and Collateral
The Yamaguchi Bank, Ltd.
1,000
Fixed
To be determined
(Note 2)
February 20,
2026
June 20,
2032
Bullet payment on the maturity date,
Un-secured / Non-guaranteed
Aichi Bank, Ltd. (Green Loan) (Note 3)
1,000
Fixed
To be determined
(Note 2)
February 19,
2026
December 20,
2032
SBI Shinsei Bank, Limited
2,500
Fixed
To be determined
(Note 2)
February 20,
2026
June 20,
2033
The Fukui Bank, Ltd.
1,000
Fixed
To be determined
(Note 2)
February 20,
2026
June 20,
2033
SBI Shinsei Bank, Limited
2,500
Fixed
To be determined
(Note 2)
February 20,
2026
December 20,
2034
THE TOCHIGI BANK,LTD.
1,000
Fixed
To be determined
(Note 2)
February 20,
2026
December 20,
2035
Total
9,000
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.
The interest rate will be announced when applicable interest rate is determined.
This debt financing falls under the category of "Green Loan" provided by each bank to be allocated to repay the loan originally borrowed to fund one of our eligible green assets under our Green Finance Framework. For details of Green Finance Framework, please refer to our website: https://www.orixjreit.com/en/feature/finance/
Use of proceeds
To allocate to refinance the loan
Note: For the details, please refer to the press release "ORIX JREIT Announces New Debt Financing" announced on February 13, 2025, "ORIX JREIT Announces New Debt Financing" announced on October 14, 2025, '(Correction) ORIX JREIT
Announces Partial Correction to the Press Release "ORIX JREIT Announces New Debt Financing"' announced on October 30, and "Description of prepayment" written below.
Description of prepayment
Details of prepayment loan
Lender
Loan amount
(million yen)
Prepayment amount (million yen)
Applicable interest rate
Borrowing date
Repayment date
Prepayment date
MUFG Bank, Ltd.
9,000
6,000
Floating
Base rate based on JBA 1-month JPY TIBOR + 0.15%
November 7,
2025
October 20,
2026
February 20,
2026
Sumitomo Mitsui Trust Bank, Ltd.
2,000
2,000
Floating
Base rate based on JBA 1-month JPY TIBOR + 0.40%
October 21,
2025
October 21,
2026
February 20,
2026
Sumitomo Mitsui Trust Bank, Ltd.
6,000
1,000
Floating
Base rate based on JBA 1-month JPY
TIBOR + 0.15%
November 7,
2025
October 20,
2026
February 20,
2026
Total
17,000
9,000
Note: For the details, please refer to the press release "ORIX JREIT Announces New Debt Financing" announced on October 14, 2025, and '(Correction) ORIX JREIT Announces Partial Correction to the Press Release "ORIX JREIT Announces New Debt Financing"' announced on October 30, 2025.
Prepayment fund source
Proceeds from the loan borrowed by The Yamaguchi Bank, Ltd., SBI Shinsei Bank, Limited, The Fukui Bank, Ltd. and THE TOCHIGI BANK,LTD. mentioned above.
One-time cost for prepayment
None
Change in interest-bearing liabilities and LTV
Unit: million yen
Before
As of February 13, 2026
After
As of February 20, 2026
Change
Short-term loans
22,500
9,500
-13,000
Long-term loans
308,197
317,197
+9,000
Total of loans
330,697
326,697
-4,000
Investment corporation bonds
21,000
21,000
-
Total interest-bearing liabilities
351,697
347,697
-4,000
LTV based on total assets (Note)
47.3%
47.1%
-0.2%
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 September 1, 2025 to the total assets as of the end of the 47th fiscal period ended August 31, 2025. 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.