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Daiwa Securities Living REIT Takes ¥10bn Loan to Refinance Maturing Bonds

Story Highlights
  • Daiwa Securities Living REIT will borrow ¥10 billion from MUFG Bank to refinance two unsecured investment corporation bonds maturing in early 2026.
  • The new TIBOR-linked loans keep total interest-bearing debt flat at ¥204.7 billion, shifting funding from bonds to bank borrowings without increasing leverage.
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Daiwa Securities Living REIT Takes ¥10bn Loan to Refinance Maturing Bonds

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Daiwa Securities Living Investment ( (JP:8986) ) just unveiled an announcement.

Daiwa Securities Living Investment Corporation has arranged a ¥10 billion short-term borrowing from MUFG Bank to refinance two unsecured investment corporation bonds totaling the same amount that mature in late January and early February 2026. The new loans, priced at one-month JBA Japanese yen TIBOR plus 0.3% and maturing in December 2026, will temporarily shift part of the REIT’s funding structure from bonds to bank borrowings but leave its overall interest-bearing debt level unchanged at ¥204.7 billion, indicating a focus on maintaining financial stability and managing refinancing risk without expanding leverage.

The most recent analyst rating on (JP:8986) stock is a Hold with a Yen116937.00 price target. To see the full list of analyst forecasts on Daiwa Securities Living Investment stock, see the JP:8986 Stock Forecast page.

More about Daiwa Securities Living Investment

Daiwa Securities Living Investment Corporation is a Japanese real estate investment trust (REIT) specializing in residential and living-related properties, managed by Daiwa Real Estate Asset Management. Listed under securities code 8986 and based in Tokyo’s Chuo ward, it raises capital primarily through a mix of investment corporation bonds and bank borrowings to fund and refinance its property portfolio.

Average Trading Volume: 4,731

Technical Sentiment Signal: Buy

Current Market Cap: Yen270.3B

See more data about 8986 stock on TipRanks’ Stock Analysis page.

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