Nomura Real Estate Master Fund Sets Interest Rates for 4.3 Billion Yen Loans

MT Newswires Live

05-23

Nomura Real Estate Master Fund (TYO:3462) has set the interest rates for its previously disclosed loans totalling 4.3 billion yen, according to its bourse filing on Thursday.

Development Bank of Japan is providing 2.3 billion yen, while MUFG Bank, Ltd. and Sumitomo Mitsui Trust Bank, each providing 1 billion yen.

The loans carry fixed interest rates, with terms ranging from three to eight years, and repayment dates set for May 26, 2028, May 26, 2032, and May 26, 2033, respectively.

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