Japan Real Estate Investment (TYO:8952) will borrow 11 billion yen from MUFG Bank on Aug. 18 to repay a short-term loan of the same amount taken in May, according to a Thursday filing on the Tokyo Stock Exchange.
The loan, carrying a fixed interest rate of 0.81273%, is due for lump-sum repayment on Nov. 18. MUFG may assign all or part of the receivable to Mitsubishi UFJ Trust and Banking, which will manage it in a jointly managed money trust.
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