Industrial & Infrastructure Fund Investment Corporation (JP:3249) has released an update.
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Industrial & Infrastructure Fund Investment Corporation (IIF) has announced its plans to refinance its debt, aiming to diversify the maturity dates of its existing obligations due in September 2024. The refinancing will not significantly impact IIF’s financial outlook for the fiscal period ending January 2025, and the total interest-bearing debt will remain unchanged post-refinancing. The details of the new and existing loan arrangements, including interest rates and repayment methods, have been outlined, with the interest rates for the new debt to be determined.
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