Mitsubishi Estate Logistics REIT Secures 5.5 Billion Yen Debt Financing

MT Newswires Live

2024-09-12

Mitsubishi Estate Logistics REIT Secures 5.5 Billion Yen Debt Financing

Mitsubishi Estate Logistics REIT Investment (TYO:3481) has secured debt financing from Mizuho Bank, totalling 5.5 billion yen, according to its filing on Wednesday.

The borrowings, which will have a floating interest rate of the base rate plus 0.0700%, are scheduled for Sept. 19 and Sept. 30.

These funds will be used to repay existing borrowings of the same amounts maturing on Sept. 19, and Sept. 3.

Price (JPY): $376500.00, Change: $+3500, Percent Change: +0.94%

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