Nippon Prologis REIT (TYO:3283) secured 2 billion yen in long-term debt from Resona Bank and fixed the interest rate through a swap agreement with Mizuho Securities (TYO:8411), effective May 1, according to a Monday filing on the Tokyo Stock Exchange.
The unsecured and non-guaranteed loan, which carries an interest rate of one-month TIBOR plus 20 basis points, matures on Oct. 31, 2031.
Nippon Prologis REIT said the swap deal fixes the effective interest rate at 1.4035%.
Proceeds will refinance part of an 11 billion yen short-term loan due Dec. 2. After the transaction, Nippon Prologis' short-term borrowings will fall to 5 billion yen, while long-term debt will rise to 314.5 billion yen. Total debt remains unchanged at 319.5 billion yen.
Price (JPY): $236200.00, Change: $+1800, Percent Change: +0.77%
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。