Mitsui Fudosan Logistics Park Obtains 600 Million Yen Loan for Debt Repayment

MT Newswires Live

2024/09/12

Mitsui Fudosan Logistics Park (TYO:3471) has secured a 600 million yen loan from The Yamaguchi Bank, to repay existing borrowings of similar amount, according to its Wednesday filing.

The new loan carries a fixed interest rate of 1.1913% and maturity of Sept. 13, 2033.

The first interest payment is due in January 2025, with subsequent payments every January and July.

Mitsui Fudosan Logistics Park's shares gained over 1% in early trade.

Price (JPY): $435500.00, Change: $+5000, Percent Change: +1.16%

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