Heiwa Real Estate REIT Sets Interest Rates for 440 Million Yen Debt Financing

MT Newswires Live

05-29

Heiwa Real Estate REIT (TYO:8966) has set fixed interest rates for its 440 million yen long-term borrowings from MUFG Bank, according to a Wednesday filing on Tokyo exchange.

The 120-million-yen Term Loan 80 Tranche C carries a 1.55125% fixed rate and matures on May 31, 2029, the filing said.

The 320-million-yen Term Loan 80 Tranche F bears a 1.89625% fixed rate and matures on May 31, 2032.

Both loans will be executed on May 30, the company said in the filing.

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