Nippon Building (JP:8951) has released an update.
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Nippon Building Fund Inc. has announced a new long-term borrowing of ¥2 billion from Daishi Hokuetsu Bank, Ltd., with an interest rate of 0.775%, set to be implemented on June 28, 2024. The funds are intended for the refinancing of a maturing debt, and the borrowing does not affect the overall status of the company’s current financial borrowings, which remain unchanged.
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