Fukuoka REIT (TYO:8968) will extend its 7 billion yen committed line of credit by one year to maintain financial flexibility, according to a Wednesday filing on the Tokyo Stock Exchange.
The agreement, originally set to expire in 2027, will now run until February 2028. The lenders include The Nishi-Nippon City Bank (TYO:7189), Resona Bank (TYO:8308), and other regional banks.
The REIT said the extension will help secure stable funding for working capital and asset acquisitions.
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