One REIT (TYO:3290) signed a 5.12 billion yen interest rate swap with Mizuho Bank to hedge against rate fluctuations on borrowings tied to a green loan, according to a Thursday filing on the Tokyo Stock Exchange.
The swap fixes the rate at 1.8285% through Sept. 7, 2030, replacing a floating rate based on six-month yen TIBOR plus 0.45%.
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