Mitsui Fudosan Logistics Park Obtains 600 Million Yen Loan for Debt Repayment

MT Newswires Live
12 Sep 2024

Mitsui Fudosan Logistics Park Obtains 600 Million Yen Loan for Debt Repayment

Mitsui Fudosan Logistics Park (TYO:3471) has secured a 600 million yen loan from The Yamaguchi Bank, to repay existing borrowings of similar amount, according to its Wednesday filing.

The new loan carries a fixed interest rate of 1.1913% and maturity of Sept. 13, 2033.

The first interest payment is due in January 2025, with subsequent payments every January and July.

Mitsui Fudosan Logistics Park's shares gained over 1% in early trade.

Price (JPY): $435500.00, Change: $+5000, Percent Change: +1.16%

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