Ichigo Hotel REIT Secures 2 Billion Yen Syndicated Loan

MT Newswires Live

02/20

Ichigo Hotel REIT Investment (TYO:3463) secured a 2 billion yen syndicated loan to refinance existing debt, according to a Friday filing on the Tokyo Stock Exchange.

The five-and-a-half-year facility, led by Sumitomo Mitsui Banking, carries interest at one-month yen TIBOR plus 0.65% per year. It will be drawn on Feb. 27 and repaid in a lump sum on Aug. 31, 2031. The loan is unsecured.

Proceeds will be used to repay a 2 billion yen loan maturing at the end of the month.

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It will be drawn on Feb. 27 and repaid in a lump sum on Aug. 31, 2031. The loan is unsecured.</p><p>Proceeds will be used to repay a 2 billion yen loan maturing at the end of the month.</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CFA.SI","symbol_name":"NikkoAM-STC Asia REIT","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2612013268","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2612013268","pubTimestamp":1771579355,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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