Daiwa Securities Living REIT Refinances 4.5 Billion Yen In Debt

MT Newswires Live

02/19

Daiwa Securities Living Investment (TYO:8986) said it will refinance 4.5 billion yen of borrowings due in March through new unsecured loans from multiple banks, extending maturities to between 2030 and 2032, according to a Thursday filing on the Tokyo Stock Exchange.

The refinancing keeps total interest-bearing debt unchanged at 204.7 billion yen, while shifting 4.5 billion yen from short-term to long-term borrowings.

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