Nippon REIT Investment Secures 5.82 Billion Yen in New Loans

MT Newswires Live

02/18

Nippon REIT Investment (TYO:3296) will borrow a total of 5.82 billion yen from multiple bank syndicates, with drawdowns on March 6, according to a Wednesday filing on the Tokyo Stock Exchange.

The loan syndicate comprises MUFG Bank, Mizuho Bank, Sumitomo Mitsui Banking Corporation, Resona Bank, Sumitomo Mitsui Trust Bank, SBI Shinsei Bank, and Mizuho Trust & Banking.

Loan maturities range from 2030 to 2031, with floating interest rates of between 0.2900% and 0.3300%.

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