Mugen Estate Secures 2.5 Billion Yen in Funding via Unsecured Corporate Bonds

Overview of the Financing

Mugen Estate Co., Ltd. has announced the issuance of its "2nd Unsecured Corporate Bonds with Early Redemption Clauses," with a payment date of October 8, 2026. The total amount of the bonds is 2.5 billion yen, carrying an annual interest rate of 3.800% and a redemption date of October 5, 2029. These unsecured bonds include a pari passu clause limited among corporate bonds.

About Mugen Estate Co., Ltd.

Established in 1990, Mugen Estate is a real estate company listed on the Tokyo Stock Exchange Standard Market. Headquartered in Chiyoda-ku, Tokyo, the company primarily focuses on real estate buying, selling, leasing, management, and real estate consulting services.

Purpose of the Funds

The funds raised through this bond issuance will be used to replenish working capital that was reduced due to the redemption of the 53rd Unsecured Corporate Bonds. Additionally, the capital will be allocated toward acquiring real estate for sale—a core pillar of the company's growth strategy—with the aim of strengthening its business foundation and expanding its portfolio.

Lead Managing Underwriter

This financing is executed through the issuance of corporate bonds rather than investment from specific equity investors. Mizuho Securities Co., Ltd. serves as the lead managing underwriter, and Mizuho Bank, Ltd. acts as the corporate bond management agent.