Nomura Real Estate Master Fund Signs 40 Billion Yen Commitment Line Deal

MT Newswires Live

Sep 11, 2024

Nomura Real Estate Master Fund (TYO:3462) entered into a 40 billion yen Commitment Line Agreement with several lenders, according to its filing on Tuesday.

The agreement involves MUFG Bank, Sumitomo Mitsui Banking, Mizuho Bank, and Sumitomo Mitsui Trust Bank.

The contract is scheduled for Sept. 12, with the commitment period running from Sept. 20, 2024, to Sept. 19, 2025.

The move aims to ensure flexible and stable capital for property acquisitions, debt repayment, and other financial needs, said the filing.

Price (JPY): $151400.00, Change: $-300, Percent Change: -0.20%

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