The latest announcement is out from Industrial & Infrastructure Fund Investment Corporation ( (JP:3249) ).
Industrial & Infrastructure Fund Investment Corporation (IIF) announced a refinancing decision involving a social loan to diversify its debt maturity ladder. The refinancing, set for May 15, 2025, involves a 500 million yen loan with a floating interest rate, which IIF plans to fix through an interest rate swap. This move is part of IIF’s strategy to manage its financial obligations effectively, with no significant impact expected on its operating status for the upcoming fiscal periods.
More about Industrial & Infrastructure Fund Investment Corporation
Industrial and Infrastructure Fund Investment Corporation (IIF) is the first J-REIT focused on acquiring and operating industrial and infrastructure properties in Japan. These properties are essential to the Japanese economy, and IIF anticipates stable demand for them in the mid to long term. The company invests in a diverse portfolio, including manufacturing and research and development facilities.
YTD Price Performance: 4.60%
Technical Sentiment Signal: Strong Buy
Current Market Cap: €1.8B
See more data about 3249 stock on TipRanks’ Stock Analysis page.