Kenedix Office Investment Corporation (JP:8972) has released an update.
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KDX Realty Investment Corporation has decided to issue green bonds valued at 3,000 million yen to further its commitment to sustainability and support the domestic green bond market. The bonds carry an annual interest rate of 1.468% and are set to mature on September 11, 2034. Proceeds from the bond issuance will be used to prepay borrowings related to the acquisition of the Okinawa Prince Hotel Ocean View Ginowan, a property meeting specified green eligibility criteria.
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