Global One Real Estate Investment (TYO:8958) repaid 2.8 billion yen in loans ahead of schedule on April 30, using proceeds from a property transfer, according to a Wednesday filing on the Tokyo Stock Exchange.
The repayment includes 2.6 billion yen in floating-rate loans obtained on March 31, 2023, and 200 million yen in floating-rate loans from April 28, 2023.
Both loans, which were originally due in 2028 and 2026, have now been fully settled.
Following the repayment, Global One Real Estate Investment's total interest-bearing debt decreased by 2.8 billion yen, from 90.7 billion yen to 87.9 billion yen.
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