Hankyu Hanshin REIT, Inc.

Financial Information

Debts / Investment Corporation Bonds

Hankyu Hanshin REIT, Inc. has the borrowings as of September 30, 2019 as follows

Lender Outstanding debt total
(million yen)
Loan to value ratio
MUFG Bank, Ltd. 16,100 23%
Development Bank of Japan Inc. 13,200 18.9%
Sumitomo Mitsui Banking Corporation 11,700 16.7%
Sumitomo Mitsui Trust Bank, Limited 10,500 15%
Mizuho Bank, Ltd. 8,600 12.3%
The Senshu Ikeda Bank, Ltd. 4,100 5.9%
Syndicate of lenders arranged by MUFG Bank, Ltd. (Note) 3,000 4.3%
Mizuho Trust & Banking Co., Ltd. 2,700 3.9%
Total 69,900 100.0%
  • The syndicate of lenders consists of THE CHUKYO BANK, Ltd., The Bank of Fukuoka, Ltd. and THE MOMIJI BANK, Ltd.

Short-term

※This table can be scrolled horizontally.

Lender Outstanding debt total
(million yen)
Interest rate Draw down date Repayment date Repayment method Notes
Sumitomo Mitsui Trust Bank, Limited 3,000 Base interest rate
(JBA 1-month Japanese Yen TIBOR) + 0.15% (Note 1)
January 31, 2019 January 31, 2020 Lump-sum repayment Unsecured/non-guarenteed Variable interest rate
Mizuho Bank, Ltd. 2,000 Base interest rate
(JBA 1-month Japanese Yen TIBOR) + 0.15% (Note 1)
January 31, 2019 January 31, 2020
Sumitomo Mitsui Banking Corporation 4,500 Base interest rate
(JBA 1-month Japanese Yen TIBOR) + 0.15% (Note 2)
July 31, 2019 July 31, 2020
Total 9,500 - - - - -
  • The base interest rate applied on the interest to be paid on interest payment date will be JBA 1-month Japanese Yen TIBOR as of two days prior to the most recent interest payment date (in case of first payment, this will be the drawdown date) of each interest payment date. Interest payment dates are the last day of every month, with the first payment date being February 28, 2019.
  • The base interest rate applied on the interest to be paid on interest payment date will be JBA 1-month Japanese Yen TIBOR as of two days prior to the most recent interest payment date (in case of first payment, this will be the drawdown date) of each interest payment date. Interest payment dates are the last day of every month, with the first payment date being August 30, 2019.

The JBA Japanese Yen TIBOR can be referenced at the JBA TIBOR Administration website:
http://www.jbatibor.or.jp/english/rate/

Long-term

※This table can be scrolled horizontally.

Lender Outstanding debt total (million yen) Interest rate Draw down date Repayment date Repayment method Notes
MUFG Bank, Ltd. 2,000 1.31957% August 30, 2013 August 31, 2020 Lump-sum repayment Unsecured/non-guaranteed Fixed interest rate
MUFG Bank, Ltd. 1,000 1.20595% October 31, 2013 October 30, 2020
The Senshu Ikeda Bank, Ltd. 1,000 1.20595% October 31, 2013 October 30, 2020
Sumitomo Mitsui Trust Bank, Limited 1,000 1.20595% October 31, 2013 October 30, 2020
Development Bank of Japan Inc. 4,000 1.26104% December 24, 2013 December 24, 2020
Mizuho Bank, Ltd. 1,500 1.08976% September 30, 2014 September 30, 2022
MUFG Bank, Ltd. 1,400 1.08976% September 30, 2014 September 30, 2022
Sumitomo Mitsui Banking Corporation 1,200 1.08976% September 30, 2014 September 30, 2022
MUFG Bank, Ltd. 1,200 1.08976% September 30, 2014 September 30, 2022
The Senshu Ikeda Bank, Ltd. 1,200 1.08976% September 30, 2014 September 30, 2022
Sumitomo Mitsui Trust Bank, Limited 500 1.08976% September 30, 2014 September 30, 2022
Sumitomo Mitsui Banking Corporation 1,500 0.98328% December 24, 2014 December 26, 2022
Mizuho Trust & Banking Co., Ltd. 1,000 0.98328% December 24, 2014 December 26, 2022
Development Bank of Japan Inc. 500 0.98328% December 24, 2014 December 26, 2022
MUFG Bank, Ltd. 500 0.98328% December 24, 2014 December 26, 2022
Mizuho Bank, Ltd. 500 0.98328% December 24, 2014 December 26, 2022
MUFG Bank, Ltd. 500 0.98328% December 24, 2014 December 26, 2022
Sumitomo Mitsui Trust Bank, Limited 300 0.98328% December 24, 2014 December 26, 2022
The Senshu Ikeda Bank, Ltd. 200 0.98328% December 24, 2014 December 26, 2022
MUFG Bank, Ltd. 2,000 0.79316% January 23, 2015 January 31, 2022
MUFG Bank, Ltd. 3,000 1.06833% February 27, 2015 February 29, 2024
Mizuho Bank, Ltd. 1,400 1.06833% February 27, 2015 February 29, 2024
The Senshu Ikeda Bank, Ltd. 800 1.06833% February 27, 2015 February 29, 2024
Development Bank of Japan Inc. 4,000 1.24659% May 15, 2015 May 30, 2025
Sumitomo Mitsui Trust Bank, Limited 2,800 0.77064% May 31, 2017 May 31, 2027
Development Bank of Japan Inc. 3,000 0.77701% September 29, 2017 September 30, 2027
Mizuho Bank, Ltd. 1,000 0.77462% February 28, 2018 February 29, 2028
Sumitomo Mitsui Banking Corporation 2,500 0.80082% May 24, 2018 May 31, 2028
Sumitomo Mitsui Banking Corporation 500 0.79156% May 28, 2018 May 31, 2028
Development Bank of Japan Inc. 500 0.79156% May 28, 2018 May 31, 2028
Mizuho Bank, Ltd. 500 0.79156% May 28, 2018 May 31, 2028
Mizuho Trust & Banking Co., Ltd. 500 0.79156% May 28, 2018 May 31, 2028
The Senshu Ikeda Bank, Ltd. 200 0.79156% May 28, 2018 May 31, 2028
MUFG Bank, Ltd. 2,500 0.85883% October 29, 2018 October 30, 2028
MUFG Bank, Ltd. 1,000 0.85003% October 31, 2018 October 31, 2028
Sumitomo Mitsui Trust Bank, Limited 600 0.80864% December 3, 2018 November 30, 2028
Sumitomo Mitsui Banking Corporation 600 0.70528% January 31, 2019 January 31, 2029
Mizuho Bank, Ltd. 600 0.70528% January 31, 2019 January 31, 2029
Development Bank of Japan Inc. 300 0.70528% January 31, 2019 January 31, 2029
Mizuho Trust & Banking Co., Ltd. 300 0.70528% January 31, 2019 January 31, 2029
The Senshu Ikeda Bank, Ltd. 200 0.70528% January 31, 2019 January 31, 2029
Sumitomo Mitsui Trust Bank, Limited 600 0.65668% March 28, 2019 March 28, 2029
Development Bank of Japan Inc. 400 0.65668% March 28, 2019 March 28, 2029
Sumitomo Mitsui Banking Corporation 400 0.65668% March 28, 2019 March 28, 2029
Mizuho Bank, Ltd. 400 0.65668% March 28, 2019 March 28, 2029
Mizuho Trust & Banking Co., Ltd 400 0.65668% March 28, 2019 March 28, 2029
The Senshu Ikeda Bank, Ltd. 200 0.65668% March 28, 2019 March 28, 2029
Mizuho Bank, Ltd. 700 0.65668% March 28, 2019 March 28, 2029
Development Bank of Japan Inc. 500 0.65668% March 28, 2019 March 28, 2029
Sumitomo Mitsui Banking Corporation 500 0.65668% March 28, 2019 March 28, 2029
Sumitomo Mitsui Trust Bank, Limited 500 0.65668% March 28, 2019 March 28, 2029
Mizuho Trust & Banking Co., Ltd 500 0.65668% March 28, 2019 March 28, 2029
The Senshu Ikeda Bank, Ltd. 300 0.65668% March 28, 2019 March 28, 2029
Syndicate of lenders arranged by MUFG Bank, Ltd. (Note1) 3,000 0.30250% September 30, 2019 September 28, 2029
Sumitomo Mitsui Trust Bank, Limited 1,200 Base interest rate (JBA 3-month Japanese Yen TIBOR) + 0.35% (Note 2) September 30, 2015 September 30, 2024 Unsecured/non-guarenteed Variable interest rate
MUFG Bank, Ltd. 1,000 Base interest rate (JBA 3-month Japanese Yen TIBOR) + 0.35% (Note 3) January 21, 2016 January 31, 2025
Total 60,400 - - - - -
Grand Total 69,900 - - - - -
  • "Long-term" in the category column refers to borrowings in which the period from the date of drawdown and the repayment date exceeds one year.
  • Funds are used for the purchase of the trust beneficiary interests or actual real estate property, as well as related expenses and funds for refinancing.
  • The syndicate of lenders consists of THE CHUKYO BANK, Ltd., The Bank of Fukuoka, Ltd. and THE MOMIJI BANK, Ltd.
  • The base interest rate that will be adopted for the interest paid on the interest payment date shall be the JBA 3-month Japanese Yen TIBOR of the day two business days before the interest payment date directly preceding the relevant interest payment date (or the execution date of loan if it is the first interest payment date). Interest payment dates are at the end of March, June, September and December of every year with the first payment date being December 30, 2015.
  • The base interest rate that will be adopted for the interest paid on the interest payment date shall be the JBA 3-month Japanese Yen TIBOR of the day two business days before the interest payment date directly preceding the relevant interest payment date (or the execution date of loan if it is the first interest payment date). Interest payment dates are at the end of January, April, July and October of every year with the first payment date being April 28, 2016.

Investment Corporation Bonds

※This table can be scrolled horizontally.

Name Issue amount
(million yen)
Interest rate Interest Date Redemption Date Notes
Second Series of Unsecured Investment Corporation Bonds 2,000 0.290% November 10, 2016 November 10, 2023 Unsecured/non-guaranteed
Ratings JCR:AA-
Third Series of Unsecured Investment Corporation Bonds 2,000 0.900% November 10, 2016 November 10, 2031 Unsecured/non-guaranteed
Ratings JCR:AA-
Total 4,000 - - - -