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SANKEI REAL ESTATE Inc. Announces 4,800 Million Yen Refinancing Plan

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SANKEI REAL ESTATE Inc. ( (JP:2972) ) has issued an update.

SANKEI REAL ESTATE Inc. has announced a refinancing plan involving a long-term loan of 4,800 million yen from a syndicate of lenders including Mizuho Bank and Sumitomo Mitsui Banking Corporation. This refinancing is aimed at repaying an existing loan due on March 12, 2025, and is structured as an unsecured, non-guaranteed loan with a maturity date set for March 12, 2030. The move is expected to maintain the company’s financial stability by managing its debt obligations effectively.

More about SANKEI REAL ESTATE Inc.

SANKEI REAL ESTATE Inc. operates in the real estate investment trust industry, focusing on managing and investing in real estate properties. The company is involved in asset management and financial operations related to real estate investments, primarily in Japan.

YTD Price Performance: 11.41%

Average Trading Volume: 2,371

Technical Sentiment Consensus Rating: Sell

Current Market Cap: Yen39.24B

For detailed information about 2972 stock, go to TipRanks’ Stock Analysis page.

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