Hankyu Hanshin REIT, Inc. (JP:8977) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Hankyu Hanshin REIT, Inc. has announced a new round of debt financing totaling 1,200 million yen to repay an equivalent amount of borrowing from September 30, 2015. The financing will be facilitated through an unsecured, non-guaranteed loan from Sumitomo Mitsui Trust Bank, with a maturity date of September 28, 2029, and an interest rate to be set on September 26, 2024. This debt financing will maintain the company’s total interest-bearing liabilities at 86,800 million yen, consistent with previous figures.
For further insights into JP:8977 stock, check out TipRanks’ Stock Analysis page.