Japan Real Estate Secures Refinancing Deal
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Japan Real Estate Secures Refinancing Deal

Japan Real Estate Investment (JP:8952) has released an update.

Japan Real Estate Investment Corporation has announced a new debt financing plan to repay an existing short-term loan of JPY 11 billion due on August 19, 2024. The loan, with a fixed interest rate of 0.48727%, will be borrowed from MUFG Bank, Ltd. and is set to be repaid on November 18, 2024, with no expected change in the overall balance of the company’s interest-bearing debt.

For further insights into JP:8952 stock, check out TipRanks’ Stock Analysis page.

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