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Samty Residential Secures Green Loan with Fixed Rates

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Samty Residential Secures Green Loan with Fixed Rates

An update from Samty Residential Investment Corp. ( (JP:3459) ) is now available.

Samty Residential Investment Corporation has announced the determination of interest rates for its green loan borrowings, part of a refinancing effort with Sumitomo Mitsui Banking Corporation as the arranger. The green loans, totaling 6 billion yen, are set at fixed interest rates of 1.737% and 1.881% for different tranches with drawdown dates on January 31, 2025. This move aligns with the company’s sustainable finance strategy and may strengthen its operational stability and appeal to environmentally-conscious stakeholders.

More about Samty Residential Investment Corp.

Samty Residential Investment Corporation operates in the real estate investment trust (REIT) sector, focusing on residential properties. The company is based in Tokyo and works closely with Samty Asset Management Co., Ltd., its asset management arm, to manage and expand its real estate portfolio.

YTD Price Performance: 2.69%

Average Trading Volume: 1,539

Technical Sentiment Consensus Rating: Buy

Current Market Cap: Yen81.69B

For detailed information about 3459 stock, go to TipRanks’ Stock Analysis page.

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