An update from Nippon Building ( (JP:8951) ) is now available.
Nippon Building Fund Inc. announced a refinancing decision for a short-term borrowing of ¥5 billion from Mizuho Bank, Ltd., with an interest rate of 0.686%, to be implemented on March 31, 2025. This refinancing will not alter the company’s overall debt structure, maintaining its total borrowings at ¥603 billion, and does not affect the investment risks previously reported.
More about Nippon Building
Nippon Building Fund Inc. operates as a Real Estate Investment Trust (REIT) in Japan, focusing on acquiring and managing a diversified portfolio of office buildings. The company aims to provide stable income and growth potential to its investors through strategic asset management.
YTD Price Performance: 10.48%
Technical Sentiment Signal: Sell
Current Market Cap: $7.31B
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