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Nippon Building Fund Announces Debt Refinancing
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Nippon Building Fund Announces Debt Refinancing

Nippon Building (JP:8951) has released an update.

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Nippon Building Fund Inc. has announced the refinancing of a short-term borrowing of ¥5 billion with an interest rate of 0.235%, to be implemented on June 28, 2024, and repaid by July 31, 2024. This refinancing is aimed at replacing an existing short-term borrowing, and it will not alter the overall borrowing balance of the company, which will remain at ¥586,900 million post-financing.

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