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An update from Nippon Accommodations Fund Inc. ( (JP:3226) ) is now available.
Nippon Accommodations Fund Inc. announced a new borrowing of 2.0 billion yen from Shinkin Central Bank, effective January 31, 2025, with a maturity date set for January 31, 2034. The funds will be used to repay previous borrowings of the same amount, maintaining the company’s total interest-bearing debt at 166.0 billion yen without altering its debt ratios, thus ensuring stability in its financial structure.
More about Nippon Accommodations Fund Inc.
Nippon Accommodations Fund Inc. operates in the real estate investment trust (REIT) sector, focusing on residential properties in Japan. It is managed by Mitsui Fudosan Accommodations Fund Management Co., Ltd., emphasizing investment in accommodation facilities.
YTD Price Performance: -0.68%
Average Trading Volume: 1,122
Technical Sentiment Consensus Rating: Buy
Current Market Cap: Yen293.5B
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