Samty Residential Investment Corp. (JP:3459) has released an update.
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Samty Residential Investment Corporation has decided to borrow funds totaling 5 billion yen to finance the acquisition of real estate properties and cover related expenses. The loans are unsecured and will be obtained through a syndicate led by Sumitomo Mitsui Banking Corporation and Mizuho Bank, with repayment due in lump sums in 2030 and 2031. Following the borrowing, the company’s long-term loans will increase from 66.5 billion yen to 71.5 billion yen by September 25, 2024.
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