Japan Hotel Reit Investment (JP:8985) has released an update.
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Japan Hotel REIT Investment Corporation has announced its decision to secure new financing, including a green loan, to refinance existing loans due by the end of September 2024. The refinancing will involve unsecured term loans amounting to JPY 6,100 million, with fixed interest rates to be set via interest rate swap contracts. One of the term loans, classified as a green loan, will support the acquisition of environmentally-friendly properties such as Hilton Tokyo Odaiba and Mercure Okinawa Naha.
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