Star Asia Investment Corp. (JP:3468) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Star Asia Investment Corporation (SAR) has fully redeemed its mezzanine loan debt, which was secured by beneficiary interests in a non-recourse loan against GK Daiban Hotel One, with hotel androoms Shin-Osaka as the underlying real estate. This redemption represents the eighth out of nine mezzanine loan debt investments SAR has executed to date. The transaction has been deemed to have an insignificant impact on SAR’s forecasted operating results for the upcoming fiscal periods.
For further insights into JP:3468 stock, check out TipRanks’ Stock Analysis page.