Open house secures JPY60bn in syndicated loans

Open House Group Co., Ltd. (TSE: 3288) announced today that it will procure long-term funds through syndicated loans amounting to ¥60 billion. The purpose of this financing is to enhance the Group's corporate value and financial stability by diversifying funding sources. The company aims to shift financing for business investments made in March 2025, previously covered by internal funds and short-term borrowing, to long-term borrowing. Sumitomo Mitsui Banking Corporation acts as both the arranger/agent and lender for the syndicated loan. Participating financial institutions include Mizuho Bank, Ltd., MUFG Bank, Ltd., Resona Bank, Limited, SBI Shinsei Bank, Limited, and The Yamaguchi Bank, Ltd. The execution date for the loan is March 25, 2025, with a borrowing period of 10 years at a fixed interest rate, hedging against future interest rate increases.