Fukuoka REIT Extends 7 Billion Yen Credit Line by One Year

MT Newswires Live

2025/02/20

Fukuoka REIT (TYO:8968) will extend its 7 billion yen committed line of credit by one year to maintain financial flexibility, according to a Wednesday filing on the Tokyo Stock Exchange.

The agreement, originally set to expire in 2027, will now run until February 2028. The lenders include The Nishi-Nippon City Bank (TYO:7189), Resona Bank (TYO:8308), and other regional banks.

The REIT said the extension will help secure stable funding for working capital and asset acquisitions.

Price (JPY): $145700.00, Change: $-800, Percent Change: -0.55%

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