Nippon Building (JP:8951) has released an update.
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Nippon Building Fund Inc. announces debt refinancing, maintaining its borrowing status quo with a ¥5 billion short-term loan from Mizuho Bank, Ltd. at an interest rate of 0.376%, due for repayment on September 30, 2024. This move, intended to refinance an existing short-term borrowing, will not alter the company’s overall borrowing balance, which remains at ¥580.9 billion.
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