Sekisui House Reit (JP:3309) has released an update.
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Sekisui House Reit, Inc. has announced a new green loan borrowing of 1,000 million yen, aimed at redeeming part of their Fifth Series Unsecured Investment Corporation Bonds and reinforcing their commitment to ESG-focused asset management. The unsecured, 10-year loan, contracted with Nippon Life Insurance Company at a fixed interest rate of 1.520%, is scheduled for a lump-sum repayment on August 31, 2034. This financial maneuver is part of the company’s strategy to strengthen its financial base through green finance initiatives.
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