tiprankstipranks
IIF Sets Interest Rate for Debt Financing
Company Announcements

IIF Sets Interest Rate for Debt Financing

Industrial & Infrastructure Fund Investment Corporation (JP:3249) has released an update.

Stay Ahead of the Market:

Industrial & Infrastructure Fund Investment Corporation has finalized the interest rates for its new debt financing at 1.37900% for a period of 9.6 years, with three separate debts totaling 4 billion yen. The loans, unsecured and with lump-sum repayment, involve major financial institutions including Mizuho Trust & Banking Co., Ltd., The Chiba Bank, Ltd., and Asahi Shinkin Bank, with the borrowing scheduled for June 28, 2024, and maturation on January 31, 2034.

For further insights into JP:3249 stock, check out TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App