Frontier Real Estate Investment (TYO:8964) will extend the maturity of a 2 billion yen commitment line with Mizuho Trust & Banking by one year to Dec. 13, 2029, according to a Tuesday filing on the Tokyo Stock Exchange.
The facility, first set up in February 2014, is unsecured and supports funding needs for asset acquisitions and refinancing. After the extension, the REIT will have 19 billion yen in total commitment lines across five lenders.
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