TOKYU REIT (JP:8957) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
TOKYU REIT has announced a green loan-financed long-term debt repayment plan. The ¥2.5 billion unsecured green loan from Mitsubishi UFJ Trust and Banking Corporation will refinance existing obligations, specifically for the Tokyu Nampeidai-cho Building, with an 8-year term and a floating interest rate above the JBA three-month Japanese Yen TIBOR. This strategic financial move aims to fulfill the company’s green finance framework commitments.
For further insights into JP:8957 stock, check out TipRanks’ Stock Analysis page.
